Thomas Daniels
The cryptocurrency investment landscape witnessed a historic surge last week, with exchange-traded products (ETPs) across digital assets amassing a staggering $3.75 billion in inflows. Leading this wave was Ether, which recorded an exceptional $2.9 billion in inflows, reinforcing growing institutional interest in altcoin-based ETFs.
Ether ETFs Outpace Bitcoin Despite New BTC High
Ether ETPs dominated investor attention, even as Bitcoin prices climbed above $124,000 to reach new all-time highs. Bitcoin-based ETPs drew $552 million in inflows—just 15% of the total—underscoring a shift in market preference toward Ethereum’s investment vehicles.
Other altcoins also saw inflows, with Solana attracting $176.5 million and XRP pulling in $125.9 million. In contrast, Litecoin and Toncoin experienced minor outflows of $0.4 million and $1 million, respectively.
Trading Volumes Shatter Records
The sharp uptick in capital inflows was matched by unprecedented ETF trading activity. Spot Bitcoin and Ether ETFs combined for $40 billion in trading volume over just four trading sessions—marking the highest weekly turnover in the history of crypto ETFs. Ether ETFs alone contributed $17 billion, more than doubling previous weekly records.
Industry analysts attributed this surge to renewed market confidence in Ethereum’s scalability and upcoming infrastructure developments. The rally also served to silence critics who previously questioned demand for Ether-based instruments.
Shorter Inflow Streaks Reflect Sharpened Market Focus
While inflows remain strong, the duration of uninterrupted inflow streaks has shortened, signaling more precise capital deployment. Spot Ether ETFs registered $3.7 billion in inflows over an eight-day streak beginning August 5. In comparison, Bitcoin ETFs saw a $1.3 billion inflow streak over seven days.
These shorter cycles follow extended runs earlier in the year: a 20-day streak for Ether ETFs in July and a 15-day streak for Bitcoin in June.
Outlook
The combination of robust inflows, record-breaking volumes, and shifting investor focus toward Ethereum signals a potential realignment in the crypto ETF market. With Ether ETFs now firmly on institutional radars, the coming months may see even greater traction—especially as market participants look beyond Bitcoin in search of higher growth opportunities.
