📍Ethereum ETFs continue to dominate Bitcoin
📌 In the past week, Ethereum ETFs attracted up to $1.84B in inflows, completely overshadowing Bitcoin ETFs with only $72M – the lowest level since April.
📌 BlackRock's ETHA fund continues to lead the inflow, with AUM exceeding $10B, becoming one of the fastest-growing ETFs in history. Since its launch, total inflows for ETH ETFs have reached $8.7B, all within a few weeks.
📌 The 16-day consecutive inflow streak of ETH ETFs – including a record week of $2.18B previously – has shown a clear shift from institutions: Bitcoin is losing the spotlight, while Ethereum is becoming the focal point for accumulation.
📌 This trend is not only technical but also a sign of a long-term position change: ETH is trying to catch up with BTC to become a store of value asset rather than a speculative asset.
📌 $ETHA (BlackRock's Ethereum ETF) has just reached $10B AUM in just one year, becoming the 3rd fastest ETF to hit this milestone in history – only behind two famous Bitcoin funds: $IBIT and $FBTC. Notably, it only took 10 days for this fund to double its AUM from $5B to $10B.
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