Investors in the United States continue to heavily bet on Ethereum. On Wednesday, ETFs tied to ETH attracted $307 million in inflows, compared to just $81.3 million for their Bitcoin counterparts. This growing gap week after week confirms a shift in the institutional market.
The star performer was BlackRock, with its ETHA ETF alone capturing $262.6 million. Following behind, Fidelity (FETH) managed $20.5 million, while Grayscale (ETHE and Mini Ethereum Trust) and VanEck (ETHV) also saw positive inflows.
307 million in a single day for ETH ETFs
On the Bitcoin side, the situation remains paradoxical. BTC Spot ETFs recorded their third consecutive day of inflows, a rather encouraging sign after some challenging weeks. However, with only $81.3 million, the contrast with Ethereum is striking.
The analysts at K33 warn: the shift of capital towards Ethereum weakens BTC’s short-term position. The risk of a slowdown remains present, even though Bitcoin continues to hold its long-term status as a reference.
Bitcoin in decline despite inflows
The figures speak for themselves: the ETH/BTC pair crossed the 0.04 mark last week, an unprecedented level since the beginning of the year. This reflects a relative strength of Ethereum compared to its older sibling, accentuated by the growing appeal of ETFs.
On the spot market, Bitcoin surged by 2% in 24 hours to reach $113,200, while Ethereum remained almost stable at $4,600. But beneath these prices lies a deeper dynamic: institutional flows are reshaping the balance of power.
ETH/BTC Ratio: Changing the balance of power
The giants of Wall Street’s appetite for Ethereum is no coincidence. After years dominated by the Bitcoin narrative, the arrival and success of ETH ETFs mark a new phase in the battle for crypto supremacy.
Ethereum benefits from its image as a more “useful” asset, driven by smart contracts, DeFi, and staking. Against a sometimes perceived rigid Bitcoin, ETH emerges as the technological bet of major investors.
A strong signal for the markets
The record flows into Ethereum ETFs do not immediately threaten Bitcoin. However, they serve as a reminder that the crypto market hierarchy is no longer static. Each billion captured by ETH ETFs brings Ethereum closer to an equal, or even superior, status to the Bitcoin king. For now, there is no need to panic for digital gold; its lead remains more than substantial.
