Ether ETFs Overtake Bitcoin for Sixth Consecutive Day Amid Surging Interest

For six trading days in a row, U.S. investors have favored spot Ethereum exchange-traded funds (ETFs) over their Bitcoin counterparts — a rare trend that signals growing institutional appetite for ETH.

According to data from Farside Investors, spot Ether ETFs attracted nearly $2.4 billion in net inflows during this period, compared to just $827 million flowing into spot Bitcoin ETFs.

Each day over the last six trading sessions saw Ethereum ETFs outperform Bitcoin ETFs in terms of inflows.

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The clear leader was BlackRock’s iShares Ethereum ETF (ETHA), which brought in approximately $1.79 billion during the six-day window — nearly three-quarters of the total ETH ETF inflows. ETHA recently became the third-fastest ETF ever to reach $10 billion in assets under management, hitting the milestone in just 251 trading sessions.

Fidelity’s Ethereum Fund (FETH) also posted strong results, notching a record daily inflow of $210 million on Thursday — beating its previous high set on December 10, 2024, by 4%.

This spike in demand from institutional players has been building over recent weeks.

BitMine Immersion Technologies has reportedly purchased $2 billion worth of ETH over the past 16 days, making it the largest corporate holder of Ethereum. In total, corporate treasuries now hold 2.31 million ETH — around 1.91% of the total supply — based on data from Strategic Ether Reserves.

Galaxy Digital’s Michael Novogratz recently forecast that ETH could reach $4,000 in the coming months. He also believes Ethereum will outperform Bitcoin over the next half year. Novogratz highlighted significant acquisitions by both BitMine and SharpLink Gaming as potential catalysts for a supply squeeze.

Meanwhile, Bitcoin ETFs have lost some momentum. On Monday, they broke a 12-day streak of inflows, with a net outflow of $131 million. Prior to that, the 12-day run had brought in $6.6 billion in net capital.

Swissblock Research suggested the shift could persist, stating, “Ethereum appears to be taking the lead as the next phase of the crypto cycle begins.”


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