Ethereum ETFs Log Third Consecutive Week of $100M+ Inflows as Market Attention Shifts

The Ethereum ETFs have recorded their third consecutive week of positive net inflows, pulling in $104 million from July 20 to 24, according to data published by WuBlockchain. This marks a notable trend in the market, with institutional and retail buyers showing no signs of backing away from the asset.

Bitcoin ETFs, on the other hand, added only $3,379 over the same period, a relatively small figure compared to Ethereum's nine-figure haul. The contrast between the two assets raises questions about whether the market's attention is shifting towards Ethereum in particular.

The flow data also highlights the importance of developer activity in shaping investor perceptions of long-term value. Ethereum continues to lead blockchain ecosystems by developer activity, which may contribute to its sustained popularity among ETF investors.