Ethereum ETFs Smash Records: Fastest $1B Haul Propels Total Inflows Past $7B
Wall Street's latest crypto crush just hit hyperdrive. Ethereum ETFs—once the rebellious little sibling to Bitcoin's institutional darling—just racked up $1 billion faster than a DeFi exploit drains a vulnerable protocol. Total inflows? Topping $7 billion like it's 2021 bull run nostalgia hour.
The Institutional Stampede
Asset managers are piling into ETH products like yield farmers chasing the next anonymous dev's questionable tokenomics. The speed of this accumulation suggests either:
1) TradFi finally learned what 'gas fees' are (but still won't admit they're ridiculous), or
2) The same hedge funds that mocked crypto in 2018 now fear missing out more than they fear SEC lawsuits.
The Cynic's Corner
Let's be real—this surge coincides perfectly with quarter-end portfolio window-dressing. Nothing boosts AUM like slapping 'blockchain exposure' into a prospectus while actual developers battle mainnet congestion.
The takeaway? Ethereum's proving it can play the Wall Street game—for better or worse. Now if you'll excuse us, we'll be watching to see how long until the first 'ETH ETF arbitrage' trade blows up a family office.
Third-largest weekly ratio
Furthermore, Ethereum ETFs are on track to register one of the largest weekly inflow ratios compared to bitcoin ETFs.
As of July 17, the total inflows into ETH-related funds are nearly $1.78 billion, compared to $2.02 billion from Bitcoin ETFs. The ETH/BTC inflow ratio is then at 88%, the third-largest weekly ratio in history.
The largest ratio, at 206.2%, was registered in the week between February 3 and 7, when Ethereum ETFs absorbed $420.2 million compared to $203.8 million from Bitcoin ETFs.
The second-largest ratio is 157%, as Ethereum ETFs attracted $557.8 million in inflows, while their Bitcoin counterparts captured $355.2 million between November 25 and 29.
