Ethereum Gains Institutional Momentum
Ethereum exchange-traded funds (ETFs) continue to draw strong institutional interest, registering $296.6 million in daily net inflows on Monday. In contrast, Bitcoin ETFs saw a sharp reversal, posting $131.35 million in net outflows — ending a 12-day inflow streak.
Data from SoSoValue shows Ethereum ETFs have now posted 12 consecutive days of net inflows, amassing a total of $3.53 billion since July 1. This marks the most significant inflow period for ether funds since their launch on July 24.
Fidelity and BlackRock Lead Ethereum ETF Surge
Fidelity’s FETH led the pack with $126.93 million in inflows, followed closely by BlackRock’s ETHA, which recorded $102 million. Other funds, including Grayscale’s Mini Ethereum Trust and Bitwise’s ETHW, also saw consistent positive flows.
Meanwhile, Bitcoin ETFs lost steam after a strong 12-day run that had pulled in $6.12 billion in net inflows. Monday’s outflow of $131.35 million was led by Ark & 21Shares’ ARKB with $77.46 million in redemptions. Grayscale, Fidelity, Bitwise, and VanEck also posted losses, while BlackRock’s IBIT remained flat with no recorded flows.
Shift from Bitcoin to Ethereum Signals Broader Trend
According to Presto Research analyst Min Jung, the capital rotation reflects a familiar pattern seen in previous cycles. “Bitcoin has rallied significantly this year. For investors who feel they’ve missed the BTC run or are eyeing the next opportunity, Ethereum becomes the natural choice,” said Jung.
He added that Bitcoin dominance has fallen by 5% over the past week, often a precursor to rising altcoin activity. “Historically, altcoin seasons begin with rising ETH prices and declining BTC dominance while Bitcoin remains rangebound,” Jung noted.
Will Capital Move Beyond Large-Cap Altcoins?
While Ethereum’s growing inflows suggest a shift in institutional preferences, Jung cautioned that it remains uncertain whether the momentum will spill over to smaller-cap altcoins. The current crypto market rally is largely driven by institutional capital, which typically favors higher-liquidity assets like ETH and BTC.
Market Snapshot
As of the latest data crypto price page:
- Bitcoin (BTC) is trading at $116,868, down 1.27% in the past 24 hours.
- Ethereum (ETH) is at $3,679, down 2.17% on the day.
