Ethereum Soars to Dominate Crypto Inflows with $2.87B Weekly Surge

Last week witnessed a substantial shift in crypto investment behavior as Ethereum dominated the market with a record-breaking $2.87 billion inflow. This influx, largely driven by U.S. institutional investors utilizing iShares (BlackRock) ETFs, marks a significant change in market leadership. 77% of all cryptocurrency investments went into Ethereum during the period, indicating a clear preference for the platform amongst money managers.