Ethereum ETFs flip Bitcoin 😮

Ethereum fund flows massively outpaced Bitcoin this week in a shocking reversal of the usual crypto ETF trend. Here's why.

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šŸ“ What you need to know

Last week, Ethereum ETF inflows nearly matched Bitcoin, with both topping $2 billion for the five-day span as ETH demand surged amid the coin’s march to a seven-month high price.

This week, however, the flows weren’t even close. And for the first time, it was Ethereum inflows that dominated over Bitcoin.

Ethereum spot funds in the U.S. added more than $1.8 billion worth of assets this week, per data from Farside Investors, while the Bitcoin funds only added about $70 million. The Bitcoin tally was dragged down by three days of outflows, while Ethereum ETFs saw strong inflows all week long.

What’s driving the ETH ETF demand? Analysts that Decrypt spoke with pointed to factors like investors seeks diversification beyond Bitcoin funds, excitement over Ethereum’s recent price surge, and impact from the GENIUS Act passing, given how much of the stablecoin market lives on Ethereum.

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