Ethereum Outperforms Bitcoin in Relative ETF Inflows
Ethereum spot exchange-traded funds (ETFs) have seen higher relative inflows than their Bitcoin counterparts since June, according to DWF Labs. The firm reported that while Bitcoin ETFs attract larger absolute dollar amounts, Ethereum ETFs are gaining ground when measured against fund size.
Weekly data shows that the combined net inflow for spot Bitcoin and Ethereum ETFs reached $1.1 billion over the past week, with Bitcoin accounting for $865 million and Ethereum drawing $243 million.
The relative performance of Ethereum ETFs has improved significantly since June, when they posted a net outflow rate of -4.65% compared to Bitcoin's -8.09%. By July, Ethereum ETFs achieved a +3.19% net inflow rate, far exceeding Bitcoin's +0.34%.
DWF Labs noted that spot ETF inflows declined in May amid institutional indifference toward $ETH, but recent weeks have shown signs of a reversal.