Ethereum surpasses Bitcoin: In five days, it attracted ten times more capital to ETF funds

Ethereum surpasses Bitcoin: In five days, it attracted ten times more capital to ETF funds

Over the past five days, Ether spot ETF funds have seen huge investor interest, attracting $1.83 billion, ten times more than Bitcoin funds, which raised only $171 million. This significant shift in interest confirms growing confidence in the broader use of Ethereum and its tokenization.

Since August 21, the situation has changed significantly—while interest in Ether is rapidly increasing, Bitcoin ETFs have seen only modest inflows. Ethereum's price has recovered faster than Bitcoin this week, rising 5% compared to Bitcoin's 2.8%. This trend has also caught the attention of experts, such as Ethereum investor and lecturer Anthony Sassano, who described the situation as "brutal."

According to analysts at Bloomberg and CoinGlass, it is clear that interest in Ether is now at its peak. Since the beginning of July, Ether spot ETF funds have attracted nearly $10 billion, with total volume reaching $13.6 billion since 2022. By comparison, Bitcoin ETFs, which have been trading for 20 months, have a total inflow of $54 billion.

The legislative environment is also a reason for this interest – the recently passed GENIUS Act on stablecoins strengthens the position of Ether, which dominates the stablecoin and tokenized asset market. According to experts, such as Jan van Ecka of VanEck, Ether is now the "token of Wall Street," gaining increasing attention from investment advisors and large institutions.

Among the biggest players are companies such as Goldman Sachs, which holds exposure worth over $700 million. In recent months, interest in Ether ETFs has skyrocketed, confirming a shift in the cryptocurrency market.

*This is not investment advice.

The Coingarage Team