The net flows of Spot Ethereum ETFs (exchange-traded funds) in the U.S. were more than twice as large as those in Bitcoin over the course of the week, amid the macroeconomic uncertainty caused by U.S. president Trump’s tariffs.
The following is a list of data SoSoValue reported that the nine Ethereum spot ETFs have recorded net inflows totaling $420.06 over the last week. This is the first time the Ethereum ETFs are able to surpass the Bitcoin equivalents in terms of net inflows in a single weekly period.
Notably, ETH ETFs kicked off the week of Feb. 3–Feb. The week began with an inflow of $83.54 Million on Monday. However, things took off after Eric Trump’s tweet: “It’s a great time to add ETH.” Following the Ethereum skyrocketed over 35%It jumped from about $2,300 up to more than $2,900 within a single day.
On Wednesday these investment products registered a smaller inflow, $18.1m. This was followed by $10.7m on Thursday. The nine ETH ETFs did not see any trading on Friday. They ended the day with a zero-net inflow.
Coinbase analysts have linked recent Ethereum ETF growth to the growing demand for ETH trading on CME basis over Bitcoin. The strategy is to go long on spot ETH and short futures in order to take advantage of price differences. With CME ETH trades yielding 16% returns last week—compared to Bitcoin’s 10%— institutions seem to be favoring ETH for short-term plays.
As of the time of publication, there were $3.18 Billion in net new investments into these Ethereum spot funds. Ethereum (ETHThe price of a coin was $2,646. This is a 0.6% decrease.
The 12 Bitcoin ETFs that recently celebrated their one-year anniversary had an uneven week. The first day of trading after the influx was Monday. tariffs were imposed On Thursday, an additional $140.3 millions was withdrawn by investors in China, Mexico, Canada.
In spite of this, the inflows from Tuesday, $340.82 millions, on Wednesday, $66.38million, and finally Friday, $171.19million, helped to offset losses. Bitcoin ETFs had a record-breaking week by the end. $203.54 million Net inflows of $559.84 Million, a 63% decrease from the previous weeks’ total, were nearly $633.42 million. reported The earlier Crypto News.
As of press time, Bitcoin was (BTC() traded at $97.150 and was up by 4.6% during the last week.
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Source: crypto.news
