US investors have shown more interest in spot Ether ETFs over Bitcoin ETFs in the last six trading days. According to Farside Investors, Ether ETFs had a net inflow of $2.4 billion, surpassing Bitcoin ETFs. BlackRock’s iShares Ethereum ETF (ETHA) received the biggest inflow, hitting $1.79 billion.
Fidelity Ethereum Fund (FETH) had its best day with a $210 million net inflow, beating its previous record. BitMine Immersion Technologies purchased $2 billion worth of ETH in 16 days, becoming the largest corporate holder. Galaxy Digital CEO predicts ETH reaching $4,000 and outperforming BTC.
On Monday, spot Bitcoin ETFs broke a 12-day inflow streak, witnessing a net outflow of $131 million. Swissblock research suggests ETH is taking the lead in the market cycle. Institutional interest in ETH is growing, with companies like BitMine Immersion Technologies and SharpLink Gaming buying large amounts.
Read more at Cointelegraph: Ether ETFs Inflows Surpassed Bitcoin ETFs Inflows for the Past 6 Trading Days.
