Ethereum ETFs Emerge as the Preferred Bet for Crypto Investors
A surprising trend is emerging on US digital asset spot ETF markets – investors are picking Ethereum over Bitcoin.
While Bitcoin remains the poster child of crypto, recent ETF inflow data shows that Ethereum products are gaining traction, indicating a shift in sentiment and strategy among institutional and retail investors. Is it time to buy Ethereum?
Ethereum ETFs See Strong Early Flows
According to a CoinShares report, Ethereum ETFs attracted $10.2 million in inflows last week, while Bitcoin ETFs recorded outflows of $11.6 million in the same period. This reversal, Ether ETFs being net bought compared to BTC ETFs being net sold, signals growing confidence in Ethereum’s long-term potential and diversification benefits within crypto…