Ether ETFs Dominate Crypto Fund Flows in Wild Week

U.S. spot crypto ETFs saw significant net inflows last week, but they were unevenly distributed across various assets.

Ether funds led the way with $103.90 million in net inflows, more than three times the amount attracted by Bitcoin funds, which added just $33.79 million.

This trend is concerning for institutions that favor Bitcoin over ether, as Blackrock's IBIT lost $95.5 million last week.

The HYPE ETFs suffered a second consecutive week of net outflows, losing $8.6 million in the process.