Ethereum ETFs are experiencing significant inflows, surpassing outflows in Bitcoin ETFs.
On December 23, 2024, Ethereum ETFs received a net inflow of $130.8 million, with BlackRock's iShares Ethereum Trust (ETHA) ETF leading with $89.50 million.
This trend suggests the possibility of an altcoin season, with investors diversifying their portfolios beyond Bitcoin.
Possible reasons for this shift include Ethereum's growing ecosystem in DeFi and NFTs, as well as perceived favorable regulatory environment.