TL;DR
- Ethereum spot ETFs in the United States recorded $443.9 million in net inflows on Monday, surpassing Bitcoin ETFs by more than double.
- BlackRock’s ETHA and Fidelity’s FETH led the gains, while Grayscale, Bitwise, 21Shares, and Invesco also saw positive flows.
- Analysts suggest these inflows reflect strong institutional confidence in Ethereum despite market volatility and a recent pullback in cryptocurrency prices.
Spot Ethereum ETFs in the U.S. continued to draw significant institutional interest, posting $443.9 million in net inflows on Monday, marking the third consecutive day of positive flows. Data from SoSoValue shows BlackRock’s ETHA led the way with $314.9 million, followed by $87.4 million into Fidelity’s FETH, while Grayscale Mini Ethereum Trust and other funds from Bitwise, 21Shares, and Invesco also contributed to the inflows. Investor attention appears increasingly focused on Ethereum’s expanding ecosystem and its applications in decentralized finance, smart contracts, and institutional treasury operations.
Notably, Monday’s Ethereum ETF inflows were more than twice those reported by spot Bitcoin ETFs, highlighting a potential rotation from Bitcoin to Ethereum among institutional investors. Nick Ruck, director at LVRG Research, noted that Ethereum’s yield-generating opportunities, regulatory clarity, and growing corporate treasury adoption are attracting capital at a faster pace than Bitcoin. Analysts also point out that Ethereum’s network upgrades and strong developer activity could further support institutional interest in the coming months.
Institutional Rotation And Market Sentiment
Spot Bitcoin ETFs returned to positive territory with $219 million in inflows after a six-day streak of outflows, suggesting some renewed confidence in Bitcoin, even as prices remain under pressure. Bitcoin briefly dipped below $110,000, while Ethereum and other major altcoins experienced steeper declines. Analysts observed that the market’s reaction to Federal Reserve Chair Jerome Powell’s dovish comments last Friday has faded, prompting risk-off behavior among traders. Short-term volatility is expected to persist, but inflows indicate selective investor confidence in certain digital assets.
Ethereum Demand Remains Strong Amid Pullbacks
Despite short-term price declines, Ethereum ETFs continue to attract institutional capital. Cumulative inflows across U.S. ETH spot ETFs now exceed $12.9 billion, with net assets averaging $28.8 billion. On-chain data from Arkham highlights that some large investors are shifting funds from Bitcoin to Ethereum, reflecting strategic reallocation toward Ethereum’s growing ecosystem.
Analysts argue that sustained inflows into Ethereum ETFs signal confidence in the asset’s long-term potential, even as the broader crypto market navigates volatility. Growing adoption among corporate treasuries and decentralized finance projects further strengthens Ethereum’s appeal to institutional investors.
