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Ethereum ETFs Outpace Bitcoin with $240M in Daily Inflows

  • Institutional interest in Ethereum is evidenced by the $240 million in daily inflows into Ethereum ETFs, surpassing Bitcoin.
  • The 18th consecutive day of positive flows into ETH-based exchange-traded products is a testament to the growing demand.
  • BlackRock’s iShares Ethereum Trust (ETHA) led the inflow tally with $160 million, followed by Fidelity’s FETH with $37 million.
  • Grayscale’s Ethereum products, including its Mini Trust and ETHE fund, attracted a combined $32 million, while Bitwise’s ETHW fund added $6 million.
  • The recent inflow streak has pushed total capital inflows to Ethereum ETFs to approximately $1.2 billion over the past few weeks, with June 11 marking the strongest day since February 2.
  • Institutional confidence in Ethereum as a long-term investment vehicle is growing, especially with the increasing availability of spot ETF access.
  • Market observers are monitoring potential capital rotation from Bitcoin to Ethereum as part of broader crypto asset diversification strategies.

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