Spot Ether ETFs Surpass Bitcoin in Inflow, Signal Shift in Institutional Investment

Spot Ethereum exchange-traded funds (ETFs) have seen an extraordinary surge in investor interest, exceeding the performance of their Bitcoin counterparts over recent trading days. Data from CoinGlass reveals that since August 21st, spot ETH ETFs have captured more than ten times the inflows of spot Bitcoin ETFs, totaling $1.83 billion compared to just $171 million. This trend continued on Wednesday with Ether funds attracting an additional $310.3 million in inflows while Bitcoin’s counterparts only garnered $81.1 million.