Ethereum ETFs Surge as Institutional Demand Rises: Shifting Market Dynamics Revealed

Institutional investors are fueling a shift in crypto market dynamics with significant inflows into Ethereum ETFs. According to recent data, Bitcoin exchange-traded funds (ETFs) saw net inflows of $254.91 million on May 15th, while Ethereum ETFs garnered $68.66 million, demonstrating growing interest from institutions. This trend is likely driven by the expansion of DeFi applications and increasing institutional investment in the crypto space.