Ethereum ETFs have captured more than 5 billion USD in inflows since November 2024, buoyed by positive sentiment following the Shanghai upgrade, which bolstered investor confidence. Institutional interest is on the rise, as Ethereum’s use cases increasingly attract attention.
Despite Ethereum’s significant growth, Bitcoin ETFs still lead with 518 million USD in inflows this month. However, the increasing trading volumes and interest in Ethereum ETFs indicate a potential shift in investment preferences among institutions, challenging Bitcoin’s dominance.