Ethereum ETFs Surge as ETH Gains Momentum Against Bitcoin
Recent market data reveals a notable shift in investor interest, with Ethereum-based exchange-traded funds outperforming their Bitcoin counterparts in capital inflows. Over the past week, Ethereum funds attracted approximately $104 million, significantly outpacing the $34 million seen in Bitcoin ETFs.
Following an eight-week period of outflows, both crypto assets have now recorded three consecutive weeks of positive inflows. Ethereum's price trajectory has notably strengthened, climbing to a two-month high above $1,970 and delivering a 24% gain over the multi-week period.
Personal take & trading angle
The recent trend where Ethereum ETFs command higher inflows than Bitcoin suggests a potential rotation of institutional interest toward the smart contract leader. This shift might indicate that investors are increasingly seeking growth potential beyond the primary store-of-value narrative. For traders, this decoupling could signal a period of relative outperformance for Ethereum, though it remains to be seen if this momentum can sustain a broader breakout.