With seven consecutive weeks of positive capital inflows, institutional investors' interest in Ethereum ETFs continues to grow, signaling a steady recovery for the cryptocurrency.
Seven Weeks of Positive Capital Inflows
Ethereum spot ETFs have maintained positive inflows for seven straight weeks, with last week seeing an influx of 106,000 ETH into U.S. spot ETFs. This trend began in late April and has persisted through market volatility.
Analyzing the Demand Surge
According to analytics firm Glassnode, institutional demand has closely followed Ethereum's price movements, recovering from $2,200 to $2,500. "As ETH rebounded from $2.2K to $2.5K, institutional appetite followed," analysts state. This underscores how investors are becoming more responsive to market changes, treating certain price levels as signals for investment.
Comparison with Bitcoin ETFs
While Bitcoin ETFs are also experiencing gains, this streak only spans three weeks, significantly shorter than that of Ethereum. Approximately 15,000 BTC flowed into Bitcoin ETFs last week, equating to $1.6 billion. This highlights the scale difference between the two cryptocurrencies, as institutional activity around Bitcoin remains significantly ahead of Ethereum, despite its technical capabilities.
The seven-week inflow trend for Ethereum ETFs demonstrates growing institutional confidence in cryptocurrency markets. While Bitcoin maintains a significant scale advantage, Ethereum's steady demand from investors confirms its status as a legitimate asset in professional investment portfolios.
