Ethereum ETFs Hit Six-Week High as Investors Rotate Within Crypto

Core Insights - U.S. spot exchange-traded funds (ETFs) are experiencing inflows as Bitcoin shows a positive trend after a period of corrections [1] - Spot Ethereum ETFs attracted $177.64 million, surpassing Bitcoin ETFs which saw inflows of $151.74 million [1] - Ethereum's inflows are driven by institutional interest, viewing it as both an asset and infrastructure [2] Group 1: ETF Performance - Ethereum ETFs have accumulated $21.40 billion, representing approximately 5% of Ethereum's market cap of $400 billion [3] - Ethereum's price increased by 6.9% in the last 24 hours, currently trading at $3,329 [3] - Solana led altcoin ETFs with a net inflow of $16.54 million, while XRP attracted $8.73 million [1] Group 2: Market Sentiment - Prediction market Myriad indicates a 58% chance of Ethereum reaching $4,500, a significant rise from under 30% earlier in the month [4] - The divergence in inflows suggests a structural rotation in investment strategies, with institutions expanding their exposure beyond Bitcoin [5] Group 3: Future Outlook - Despite near-term macro uncertainties, the long-term outlook for ETFs remains bullish, with expectations of increased inflows as regulatory clarity improves [6] - Major financial institutions in the U.S. are beginning to open up to crypto, potentially allowing trillions of dollars to access crypto ETFs [6] - Analysts predict that 2026 could be a record year for ETF flows, particularly for Ethereum due to its utility and yield profile [6]