U.S. Ethereum ETF, $1.8B Net Inflow in a Week…10 Times Bitcoin

JOON HYOUNG LEE

Summary

U.S. Ethereum spot ETFs recorded net inflows of about $1.8 billion over the past week.
During the same period, Bitcoin spot ETFs saw net inflows of $171 million, about one-tenth of Ethereum's inflows.
Ethereum rose 6.5% over the week, indicating continued investor interest.

U.S. spot exchange-traded funds (ETFs) for Ethereum (ETH) recorded net inflows of about $1.8 billion (approximately 2.5 trillion won) over the past week.

According to crypto analytics firm CoinGlass, net inflows into Ethereum spot ETFs from the 21st of this month through that day totaled about $1.83 billion. Ethereum spot ETFs also saw net inflows of about $310 million on that day, marking five consecutive trading days of net inflows.

By contrast, net inflows into U.S. Bitcoin spot ETFs over the same period amounted to $171 million (about 240 billion won), roughly one-tenth of the net inflows to Ethereum spot ETFs. As of that day, about $80 million had flowed into Bitcoin spot ETFs, marking three consecutive trading days of net inflows.

As of 3:42 p.m. that day, Ethereum was trading at $4,577.86 on CoinMarketCap, down 0.49% from the previous day. Compared with a week earlier, it was up 6.5%.

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