Ethereum ETF Inflows Surge Past $1.5B as Institutional Demand Soars
Ethereum's price surged past $2,500 as institutional investors increasingly favor ETH over Bitcoin. BlackRock's Ethereum ETF dominated, attracting nearly three-quarters of the total $1.52 billion inflows in the last ten days.
The consistent demand for regulated products provides a cushion against broader market volatility and suggests that capital is moving towards ETH's relative value after Bitcoin's recent rally.
A crypto trader noted that this rotation demonstrates sustained institutional demand, which can offset selling pressure and provide support for the price.