Ethereum ETFs Close Gap with Bitcoin as Inflows Reach Record Levels
For most of the past year, Ethereum ETFs have played second fiddle to Bitcoin's dominant performance. However, this week marked a significant shift as US spot ETH ETFs attracted $713 million in net inflows, nearly matching the $884 million that flowed into Bitcoin ETFs over the same period.
The strong weekly total for Ethereum funds is the strongest seen in roughly ten months, mirroring momentum last observed around October 2025. BlackRock's iShares Ethereum Trust (ETHA) led the charge on the ETH side, with a single day in mid-August seeing inflows of over $122 million.
The regulatory backdrop has improved, making it easier for fund managers to justify adding crypto exposure to balanced portfolios. This, combined with falling Treasury yields that have made yield-seeking investors reconsider their risk allocations, is driving the surge in demand. Trading volumes across both product types more than tripled compared to prior periods during the peak inflow week.
Bitcoin prices briefly pushed towards $80,000 during this stretch, while Ethereum crossed above $2,500. The sharp reversal in August has been enough that fund managers are describing it as a genuine shift in sentiment rather than a tactical bounce.