Ethereum Attracts Major Institutional Investment, Surpassing Bitcoin’s Flows

Institutional investors are shifting their preferences in the cryptocurrency market, with Ethereum experiencing a surge in inflows exceeding Bitcoin. Recent data reveals that Ethereum attracted significant investment from institutions like BlackRock’s iShares Trusts, contributing to its record-breaking $321 million weekly inflow in recent weeks. This influx signifies a strategic shift away from Bitcoin as investors favor Ethereum’s strong utility and robust infrastructure for future growth.