Ethereum ETF Demand Explodes—Now Flocking Faster Than Bitcoin
Move over, Bitcoin—ETH is stealing the institutional spotlight.
Ethereum ETFs just hit a tidal wave of inflows, overtaking their Bitcoin counterparts for the first time. Traders are pivoting hard, chasing higher beta and smarter contract utility. Wall Street’s late to the party, as usual.
Key drivers? The Merge’s success slashed energy costs by 99%, while DeFi and NFT platforms keep building on ETH’s liquidity moat. Meanwhile, Bitcoin ETFs? Stuck rehashing the 'digital gold' narrative.
Cynical take: Maybe the suits finally realized—you can’t program a Bitcoin to do jack.
$3,890 ETFs, traded in the United States, recorded their second-highest weekly inflows since their launch, with net investments reaching $1.85 billion. In the previous week, inflows amounted to $2.18 billion. Throughout this period, total trading volume of these ETFs slightly fell to $10.39 billion from $10.57 billion the prior week. Meanwhile, Spot Bitcoin
$119,015 ETFs experienced only $72 million in inflows over the same timeframe.
ContentsSpot ethereum ETFs Achieve Substantial Weekly InflowsNoticeable Deceleration in Bitcoin ETF Inflows
Spot Ethereum ETFs Achieve Substantial Weekly Inflows
According to data provided by SoSoValue, the week of July 21-25 marked the second-largest weekly inflow for Ethereum-based ETFs since their introduction. This momentum continued with over $4 billion in capital channeled into these funds over two consecutive weeks, highlighting sustained institutional interest in ETH.
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Throughout the week, the total trading volume reached $10.39 billion. While the slight drop in volume hinted at normalizing liquidity conditions, demand remained solid, and the spot Ethereum ETFs effectively added depth to the market, curbing price volatility.
Influenced by the significant ETF inflows, the ETH coin surged by 3.4% during the same period, surpassing the $3,900 mark. This price movement mirrored the FLOW dynamics into ETFs.
Noticeable Deceleration in Bitcoin ETF Inflows
Spot Bitcoin ETFs, despite previously attracting $2.39 billion in inflows, managed to garner only $72 million from July 21-25. Nevertheless, Bitcoin’s price climbed to $119,077 in early trading hours, marking a 0.8% increase over the last 24 hours.
Market pundit Nick Ruck emphasized Bitcoin’s entry into a relatively calm phase, which has opened avenues for altcoins. In fact, leading altcoins like XRP surged by 2.5%, BNB by 6.6%, and Solana
$192 by 3.3% in the week’s initial days. According to Ruck, while some major investors engaged in profit-taking, new institutional backers continued incorporating bitcoin and altcoins in substantial amounts into their portfolios.
