Institutional Investors Drive Surge in Ethereum ETF Interest

Institutional investment interest is skyrocketing for Ethereum-based exchange traded funds (ETFs). This surge was particularly prominent in July, when Ethereum ETFs outperformed Bitcoin-based products and captured significant attention within the market. Over the past six weeks alone, inflows into these ETFs have surpassed those seen throughout an entire year’s worth of activity. This sudden influx has sparked a heightened interest in Ethereum as a major asset class.