Amid active capital inflows, Ether ETFs are showing strong growth, significantly outperforming Bitcoin. Over the past few days, they attracted more than $1.8 billion.
Increase in Ether ETF Investments
Since last week, Ether ETFs have seen a staggering $1.83 billion influx, while Bitcoin ETFs only attracted $171 million. On the last trading day, nine Ether funds garnered $310.3 million, compared to just $81.1 million for eleven Bitcoin funds.
Expert Insights
Industry observers note a significant shift towards Ether. Ethereum educator Anthony Sassano described this trend as 'brutal.' NovaDius Wealth Management President Nate Geraci added that total inflows into Ether ETFs are now close to $10 billion since July.
Overall ETF Market Statistics
Ether ETFs have been trading for 13 months with total inflows of $13.6 billion, while Bitcoin ETFs, which have been on the market for 20 months, have gathered $54 billion.
Market dynamics indicate a significant shift in interest towards Ether, which may continue to influence the future of both assets.
