Over the past week, Ethereum ETFs have shown substantial growth in fund inflows, surpassing Bitcoin and confirming increased interest from institutional investors.
Growth of Inflows in Ethereum ETFs
From June 10 to June 17, Ethereum ETF products pulled in over 180,000 ETH. During this week, iShares’ Ethereum Trust added 130,449 ETH, confirming the growing interest in Ethereum.
Increase in Institutional Interest
The established strong support above $2,900 and rising demand for ETFs are helping Ethereum to secure a leading position among institutional investors. Throughout the week, noticeable positive flows were observed, indicating a bullish sentiment among investors.
Comparison with Bitcoin
While Bitcoin ETFs also showed growth, their inflows significantly lagged in volume and frequency. During the same week, Bitcoin ETFs attracted just 13,149 BTC. The demand for ETF products indicates a serious difference in institutional preferences between Ethereum and Bitcoin.
The overall growth in ETF flows and the positive market sentiment suggest that Ethereum is becoming increasingly attractive to institutional investors, which is also reflected in its price dynamics.
