Categories: Blockchain News

Ether ETFs Near $1 Billion Milestone After Third Week of Inflows

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U.S.-based spot Ether ETFs have now marked their third consecutive week of inflows, with recent data pointing to growing investor confidence in Ethereum-backed products. According to data from Farside Investors, the funds recorded $25.3 million in inflows on June 6 alone, bringing the current 15-day inflow streak—dating back to May 16—to a total of $837.5 million.

This persistent trend represents nearly 25% of the total $3.32 billion in net inflows since spot Ether ETFs launched in July 2024. If the momentum continues into the upcoming week, analysts predict the current streak could easily cross the $1 billion threshold.

Ether ETFs Outshines Bitcoin as Flows Diverge

While Ether ETFs continue their strong run, spot Bitcoin ETFs have witnessed a dip in investor sentiment. Bitcoin ETF inflows broke their previous streak on May 29, followed by a sharp outflow of $346.8 million. Since then, the flows have been volatile, contrasting Ether’s more consistent capital movement.

During this period, Ether has outperformed Bitcoin in price growth. The second-largest cryptocurrency by market cap has surged by over 31% in the past month, now trading at $2,490, according to CoinMarketCap. Some market analysts believe this momentum may be sustained through the current cycle.

Technical analyst Crypto Eagles noted that Ether appears to be mimicking historical cycles, particularly the 2020–2021 bull run. If this pattern continues, Ether could be on track to challenge its previous all-time high of $4,878, set in November 2021.

Analysts Push for Staking Features in ETFs

Despite the promising trend, some industry experts argue that Ether ETFs still have room to evolve. One key area of improvement is the inclusion of staking features. Allowing investors to earn rewards from Ether staking directly through ETFs could improve both fund performance and investor appeal.

On May 31, ETF provider REX Shares filed to launch the first Ethereum and Solana staking ETFs in the U.S. Although a launch date is yet to be confirmed, Bloomberg ETF analyst James Seyffart stated that REX used “regulatory workarounds” to bring these products closer to market.

As institutional interest strengthens and new innovations emerge, Ether ETFs could play a growing role in bridging traditional finance with decentralized assets.

The post Ether ETFs Near $1 Billion Milestone After Third Week of Inflows appeared first on BitcoinLinux.com.

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