U.S. spot Ethereum ETFs attracted $225.8 million in a single day, nearly matching Bitcoin ETFs as institutional demand for ETH accelerates.
ETH$2,576.38-5.11%Ethereum was trading around $2,477, down roughly 0.5% over 24 hours but still up about 5% for the week.
Despite the strong ETF inflows, Ethereum has underperformed several major altcoins during the latest market rebound. Capital has increasingly rotated toward higher-performing assets such as XRP, Solana, Zcash and HYPE.
Ethereum is also approaching an important technical area around its 200-week moving average, a level that could determine whether the latest recovery develops into a broader trend reversal.
Strong ETF inflows provide a bullish demand signal, but sustained spot-market activity will likely be needed to keep the rally moving.
For now, the message from the ETF market is clear: institutional appetite for Ethereum is accelerating, and it is getting remarkably close to Bitcoin’s daily inflows.
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AAVEBLACKROCK BOUGHT $888M OF ETH IN 8 DAYS BlackRock’s clients have net-purchased $889.8M of the ETHA ETF in the past 8 trading days. There was not a single day when they did not buy.
