Ethereum Spot ETFs Surge Past Bitcoin, Attracting $444 Million Inflows

Ethereum spot exchange-traded funds (ETFs) have witnessed significant inflows of $444 million on August 25th, surpassing Bitcoin ETF investments. This marks the third consecutive day that Ethereum has outperformed Bitcoin in terms of ETF inflows, signifying a growing institutional interest in Ethereum assets. Leading the surge were BlackRock’s ETHA and Fidelity’s FETH ETFs, which attracted $314.9 million and $87.4 million respectively, driving substantial investment towards Ethereum. This shift highlights a strategic reallocation of capital within the cryptocurrency market, with institutional investors favoring Ethereum over Bitcoin.