Why Ethereum ETFs Are Soaring While Bitcoin Sees Record Outflows

Spot Ethereum ETFs have recorded ten consecutive days of inflows, showing growing institutional demand for the asset, while Bitcoin ETFs have seen a surge in outflows over the past two trading sessions. This shift in institutional capital rotation could be due to the recent push to introduce staking to Ether ETFs. Furthermore, with 40% gains on the monthly chart, ETH has outperformed BTC in recent times. Ethereum ETF Inflows On the Rise Over the past ten trading sessions, inflows into spot Ether ETFs have gathered pace, with BlackRock’s iShares Ethereum Trust (ETHA) dominating the flows. As per data from Farside Investors, ETHA inflows stood at $70.2 million on Friday, as per data from Farside Investors. As a result, its total inflows since inception have crossed more than $4.6 billion, while taking the net flows across all US ETF issuers to more than $3 billion, since inception. Similar to Ethereum price… Read More at Coingape.com

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