Ethereum Booms: $296 Million Inflows Surge, While Bitcoin Seeks Stability

Ethereum has soared to the top of the cryptocurrency market, capturing a staggering $296.4 million in inflows last week—its strongest performance since the U.S. presidential election in November. This marks the seventh consecutive week of inflow for Ethereum and brings its total to $1.5 billion, representing 10.5% of total assets under management (AUM). This surge signifies growing confidence from institutional investors in ETH. Meanwhile, Bitcoin is struggling to maintain momentum, with outflows totaling $56.5 million for the second week in a row.