Ether ETFs capture 10x more inflows than Bitcoin in 5 days

Spot Ethereum ETFs have crushed Bitcoin funds over the last five trading days, pulling in more than $1.8 billion in inflows.

Spot Ether exchange-traded funds are selling like hot cakes in the US, attracting more than ten times the inflows of their spot Bitcoin counterparts over the past five trading days. 

Since last Thursday, spot Ether ETFs have seen a whopping $1.83 billion in inflows, while Bitcoin funds took only a tenth of that with $171 million in inflows, according to CoinGlass. 

The latest trading day on Wednesday continued the trend, with nine Ether (ETH) funds reaching $310.3 million in inflows on the day, while the eleven-spot Bitcoin (BTC) funds saw just $81.1 million in comparison. 

Read more