Ethereum ETFs Surge Ahead of Bitcoin
Spot Ether exchange-traded funds (ETFs) are dominating the U.S. market, pulling in $1.83 billion in just five trading days, more than ten times the inflows of Bitcoin ETFs over the same period.
Since August 21, Bitcoin funds have seen only $171 million in inflows, according to data from CoinGlass. The momentum shows Wall Street’s growing appetite for Ethereum’s broader utility compared to Bitcoin’s more limited use case.
Daily Inflows Highlight Ethereum’s Momentum
The latest data from Wednesday underscored the trend: nine spot Ether ETFs recorded $310.3 million in inflows, while 11 spot Bitcoin ETFs attracted just $81.1 million.
Ethereum also outpaced Bitcoin in price recovery this week. ETH gained 5% from its Tuesday low, while Bitcoin managed only a 2.8% increase.
Industry experts have taken note. Ethereum educator and investor Anthony Sassano described the scale of inflows as “brutal,” highlighting just how quickly capital is shifting toward Ether.
Billions Flow Into Ether ETFs
Spot Ether ETFs are now approaching $10 billion in inflows since July, according to Nate Geraci, president of NovaDius Wealth Management.
In total, Ether ETFs have been trading for 13 months and have already amassed $13.6 billion in aggregate inflows, the majority of which has surged in recent months.
By comparison, spot Bitcoin ETFs have been on the market for 20 months, with $54 billion in cumulative inflows. Despite the lead, Ethereum’s accelerated growth is beginning to reshape the competitive landscape.
Ethereum Becomes the “Wall Street Token”
Part of the shift may be linked to July’s passage of the GENIUS Act stablecoin legislation, which has reinforced Ethereum’s dominance in stablecoins and tokenized real-world assets.
VanEck CEO Jan van Eck referred to Ethereum as “the Wall Street token” during a Fox Business interview, underscoring its growing reputation as the preferred institutional asset.
Bloomberg ETF analyst James Seyffart noted that investment advisers are the largest holders of Ether ETFs, with $1.3 billion in exposure. SEC filings reveal that Goldman Sachs leads the pack, holding $712 million worth of Ether ETFs.
ETH Price Update
At the time of writing, Ethereum (ETH) was trading at $4,560, down 1.2% on the day, according to CoinGecko. Bitcoin, meanwhile, continues to lag behind in both price recovery and institutional inflows.
