Altcoins News

Story: Ethereum ETFs Surpass Bitcoin for the First Time in Daily Inflows

By Evie Vavasseur

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Ethereum ETFs Gain Momentum. This milestone comes just one day after Ethereum ETFs broke their own record, raking in a…

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Analyst Insight and Market Drivers. Bloomberg analyst James Seyffart provided further context on social media, noting that U.S.

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Bitcoin Still Leads in Total Inflows. Despite Ethereum’s breakout moment, Bitcoin remains the dominant force in the crypto ETF market by…

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Turning Point or One-Time Spike?. The big question now is whether Thursday’s surge marks the beginning of a long-term rotation into…

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In a major first for the crypto market, Ethereum has overtaken Bitcoin in daily inflows to U.S.-based spot exchange-traded funds (ETFs).

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The shift signals growing institutional interest in Ethereum as an investment asset, especially in the wake of new developments such as potential staking features and high yields.

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This milestone comes just one day after Ethereum ETFs broke their own record, raking in a staggering $726 million in daily inflows. That surge pushed total holdings across U.S.

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Leading Thursday’s surge was BlackRock’s iShares Ethereum Trust (ticker: ETHA), which alone brought in about $550 million.

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Over the past five trading sessions, ETHA has added $1.25 billion in inflows and now holds nearly $7 billion worth of ETH.

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Bloomberg analyst James Seyffart provided further context on social media, noting that U.S. spot Ethereum ETFs have attracted more than $5.5 billion in total since their start.

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Part of this surge in inflows is tied to rising profits from a trading strategy known as the “cash-and-carry” basis on CME Ether futures.

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A significant structural factor fueling this momentum is a new proposal from Nasdaq to allow staking within ETHA.

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Nate Geraci, president of ETF Store, reminded investors on X that Bitcoin’s popularity among institutions hasn’t waned.

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Still, Ethereum’s daily win is an important signal. It shows that institutions are beginning to diversify their crypto exposure beyond just Bitcoin.

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The big question now is whether Thursday’s surge marks the beginning of a long-term rotation into Ethereum or if it’s simply a short-term anomaly.

The Currency Analytics

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