Ethereum ETFs Hit Six-Week High as Investors Rotate Within Crypto

In brief

  • Spot Ethereum ETFs attracted $177.6 million on Tuesday, their largest single-day inflow in six weeks.
  • The divergence shows a structural rotation as institutions that entered via Bitcoin broaden their exposure, Decrypt was told.
  • The recent opening of major U.S. wirehouses gives “trillions of dollars” new access to crypto ETFs, according to Bitwise CIO.

U.S. spot exchange-traded funds are starting to note inflows as Bitcoin embarks on a choppy yet upsloping move, ending weeks of corrections.

Spot Ethereum ETFs attracted $177.64 million on Tuesday, hitting a six-week high, according to SoSoValue data—more than the $151.74 million that flowed into spot Bitcoin ETFs.

Among other major altcoin ETFs, Solana saw the highest netflow on…

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