Ethereum Steals the Spotlight: $4.39B Floods In as Bitcoin Dominance Craters

Move over, Bitcoin—Ethereum just had a mic-drop moment. A record $4.39 billion poured into ETH last week as investors pivoted hard from the old guard to the new. Bitcoin’s market share? Slipping like a Wall Street analyst’s credibility.

The flippening whispers grow louder

While BTC stans cling to ‘digital gold’ narratives, Ethereum’s ecosystem is eating the financial world—DeFi, NFTs, and now a tidal wave of institutional money. That $4.39 billion inflow wasn’t a fluke; it was a calculated bet on the chain that actually does things.

Traders are voting with their wallets

The numbers don’t lie: ETH’s infrastructure upgrades and yield opportunities are pulling capital faster than a hedge fund bonus season. Meanwhile, Bitcoin’s dominance keeps eroding—proof that even in crypto, you can’t coast forever on first-mover advantage.

One cynical footnote: Watch how fast the same institutions dumping BTC for ETH will flip back when the next Fed statement drops. Crypto’s decentralized—but the money flow’s still painfully human.

Ethereum closes the gap on Bitcoin

Bitcoin products brought in $2.2 billion last week, down from $2.7 billion the previous week.

However, activity remained strong. According to CoinShares, the ETPs trading made up 55% of all bitcoin exchange volumes, underlining the growing dominance of institutional products.

Meanwhile, short Bitcoin funds also recorded $10 million in inflows. This reflects growing market skepticism as Bitcoin reached a new all-time high above $123,000.

On the other hand, Ethereum products continued to gain momentum in the market.

According to CoinShares, ETH-focused funds attracted $2.12 billion in inflows, almost double their previous record of $1.2 billion.

The week’s inflow extended Ethereum’s streak to 13 straight weeks of inflows, and it now accounts for 23% of its total AUM. Notably, inflows for Ethereum funds this year have already surpassed the total for 2024, which was $6.2 billion.

Meanwhile, other major altcoins also gained traction during the market uptrend. solana funds attracted $39 million in inflows, while XRP and Sui brought in $36 million and $9.3 million, respectively.

The broad uptick in inflows mirrors the ongoing crypto market rally and growing institutional interest in the emerging sector.