Spot Ethereum ETFs have seen higher inflows than Bitcoin ETFs for six days in a row.
- Ethereum ETFs gained nearly $2.4 billion in six days
- BlackRock’s ETHA ETF led with 75% of those inflows
- Institutional interest in Ethereum is rising
Ethereum ETFs Outperform Bitcoin
In the last six trading days, spot Ethereum ETFs brought in about $2.39 billion. During the same period, Bitcoin ETFs only brought in $827 million. This data comes from Farside Investors.
This means more people are putting money into Ethereum than Bitcoin recently. It suggests that investors may be more confident in Ethereum right now.
BlackRock and Fidelity Lead the Way
BlackRock’s iShares Ethereum ETF (ETHA) was the biggest gainer. It collected $1.79 billion, or about 75% of all Ethereum ETF inflows. ETHA is now the third-fastest ETF to reach $10 billion in assets, achieving this in just 251 trading days.
Fidelity’s Ethereum Fund (FETH) also had a record day last Thursday. It received $210 million, beating its previous best of $202 million on December 10, 2024.
Companies Are Buying More ETH
BitMine Immersion Technologies bought $2 billion worth of ETH in just 16 days. This made them the largest corporate holder of Ethereum. In total, companies now hold 2.31 million ETH. That’s about 1.91% of all ETH available.
Michael Novogratz, CEO of Galaxy Digital, believes Ethereum’s price will reach $4,000. He also said ETH could perform better than Bitcoin in the next six months.
Market Shifts Toward Ethereum
Meanwhile, Bitcoin ETFs are slowing down. On Monday, they saw a net outflow of $131 million, ending a 12-day streak of inflows. That streak had earlier brought in $6.6 billion.
According to Swissblock Research, Ethereum is now “rotating into leadership” as market cycles shift. This means Ethereum may continue to attract more attention from big investors.
Source: cointelegraph.com
