A second consecutive week of outflows from Ethereum-based exchange-traded funds (ETFs) highlights a shift in investor sentiment toward the cryptocurrency’s relative weakness. While Bitcoin continues to attract substantial investment from institutions, Ethereum’s recent performance has led to waning interest among institutional investors seeking stability during market volatility. 2023 saw record inflows into Ethereum ETFs, but those numbers have reversed this year as outflows persist. Bitcoin ETFs, however, are experiencing a surge in activity with record-breaking inflows. Institutional investment is leading the charge, pushing Bitcoin ETF assets to near $150 billion. Blackrock’s iShares Bitcoin Trust (IBIT) stands at over $89 billion, solidifying its position as the dominant Bitcoin ETF.