Ethereum ETF Inflows Triple Those of Bitcoin Amid Surge in Interest
The net inflow for Ethereum spot ETFs was $103.8 million as of July 24, more than three times that of Bitcoin spot ETFs at $33.9 million.
This marks the second consecutive week that Ethereum products have surpassed Bitcoin in terms of net inflows, according to Farside Investors data.
The main contributor to this gap is BlackRock's Ethereum fund, iShares Ethereum Trust ETF (ETHA.US), which attracted $96.3 million in investments.
In contrast, the largest crypto ETF Bitcoin fund, iShares Bitcoin Trust (IBIT.US), saw a net outflow of $95.5 million, with significant outflows on Thursday and Friday.