U.S. spot exchange-traded funds are seeing inflows as Bitcoin starts an upward trend after weeks of corrections. Ethereum ETFs attracted $177.64 million, surpassing Bitcoin’s $151.74 million inflow. Solana led altcoin ETFs with $16.54 million, while XRP, Dogecoin, and Chainlink remained stable.
Investors are selectively moving funds within crypto, with Ethereum gaining institutional interest as infrastructure. ETFs have accumulated $21.40 billion of Ethereum, representing about 5% of its market cap. Ethereum is currently trading at $3,329, up 6.9% in the past 24 hours.
Bullish sentiment surrounds Ethereum, with users on Myriad giving a 58% chance of hitting $4,500. Bitcoin remains dominant, but Ethereum’s consistent inflows suggest a broader institutional rotation. Near-term uncertainty may increase volatility, but the long-term outlook is positive.
Major U.S. wirehouses like Morgan Stanley and UBS embracing crypto allows trillions of dollars access to ETFs, according to Bitwise CIO Hougan. Lin anticipates a record year for ETF flows in 2026 as more products mature and regulations clarify. Ethereum is expected to attract more incremental flows given its utility and yield profile.
Read more at Yahoo Finance: Ethereum ETFs Hit Six-Week High as Investors Rotate Within Crypto
