Ether ETFs Attract $524M in Second Day Surge as Bitcoin ETFs See Modest Gains
If Monday’s record-breaking Ether ETF surge was a bold statement, Tuesday’s performance was the mic drop. For the second day in a row, institutions poured into Ethereum exchange-traded funds (ETFs), with inflows reaching $523.92 million — a clear sign that the appetite for ETH among big players is far from satisfied.
Meanwhile, Bitcoin ETFs stayed in the green, adding $65.95 million in net inflows, though the picture was more mixed due to significant outflows from some major products.
Ethereum ETFs: A Two-Day Institutional Stampede
Leading Tuesday’s charge was BlackRock’s ETHA, which pulled in a staggering $318.67 million, followed by Fidelity’s FETH with $144.93 million. Other contributors included:
- Grayscale Ether Mini Trust (ETHE Mini) — $44.25M
- Grayscale ETHE — $9.33M
- VanEck ETHV — $4.94M
- 21Shares CETH — $1.80M
Notably, no outflows were recorded for the second consecutive day — a rarity in ETF trading. Total trading volume for ETH ETFs hit $3.19 billion, and net assets soared to $27.60 billion, now accounting for nearly 5% of Ethereum’s total market cap.
Bitcoin ETFs: Holding Ground Amid Outflows
Bitcoin ETFs had a more uneven day. The entire net gain came from BlackRock’s IBIT, which attracted $111.44 million. However, this was partially offset by:
- Ark 21Shares’ ARKB — $23.86M outflow
- Grayscale’s GBTC — $21.63M outflow
Even with the outflows, BTC ETFs ended the day in positive territory. Trading volume totaled $3.05 billion, with total net assets reaching $155.02 billion.
A Changing ETF Landscape?
With Ethereum ETFs racking up over $1 billion in inflows in just two days, the momentum appears to be shifting. Bitcoin ETFs remain strong, but the ETH rally suggests institutions are diversifying their crypto exposure more aggressively.
This could signal:
- Growing confidence in Ethereum’s long-term value
- Increased demand for ETH exposure ahead of scaling upgrades like ETH 3.0
- A potential rebalancing in institutional crypto portfolios
If the trend continues, we may be witnessing the early stages of Ethereum overtaking Bitcoin in the ETF growth race — a scenario that once seemed unlikely.
