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25 July 2025 09:36, UTC
US investors poured more into spot Ether exchange-traded funds than their Bitcoin counterparts over the last six trading days, as institutional interest in Ethereum surged this week.
Spot Ether ETFs recorded a net inflow of nearly $2.4 billion in the past six trading days, far above spot Bitcoin ETFs, which recorded only $827 million during the same period, according to Farside Investors.
Ether ETF inflows also outpaced Bitcoin ETFs for each of the last six trading days.
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BlackRock’s iShares Ethereum ETF (ETHA) was the biggest beneficiary of the recent inflow, as the fund saw a net inflow of $1.79 billion, amounting to nearly 75% of the total inflow, during the six-day period.
ETHA recently became the third-fastest ETF to hit $10 billion in assets under management. It managed to accomplish this feat in 251 trading days.
Meanwhile, Fidelity Ethereum Fund (FETH) registered its best day on Thursday, with the fund witnessing a net inflow of $210 million. It beat its previous record by 4%, as the fund recorded a net inflow of $202 million on Dec. 10, 2024.
Related: Bitcoin, Ether ETFs clock second-biggest day of inflows on record
Institutional demand for $ETH has been picking up in recent weeks.
BitMine Immersion Technologies bought $ETH worth $2 billion in the past 16 days, which propelled the company to become the largest corporate holder of $ETH.
Currently, companies that hold $ETH in their respective treasuries hold 2.31 million $ETH, which amounts to 1.91% of $ETH’s circulating supply, according to Strategic Ether Reserves.
Galaxy Digital CEO Michael Novogratz has predicted that the price of $ETH will touch $4,000. He further said that $ETH will outperform $BTC in the next six months.
Novogratz pointed out that both BitMine Immersion Technologies and SharpLink Gaming have bought large amounts of $ETH that can create a supply shock.
On Monday, spot Bitcoin ETFs broke a 12-day inflow streak, as $BTC ETFs collectively saw a net outflow of $131 million. Before Monday, the 12-day net inflow collectively stood at $6.6 billion.
Swissblock research expects this trend to continue, as the research firm said, “$ETH is rotating into leadership as the next leg of the cycle unfolds.”
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