Ethereum ( $ETH ) ETFs Record $130 Million Inflows as Bitcoin ( $BTC ) ETFs Face Outflows

The Spot Ethereum ( $ETH ) Exchange Traded Fund (ETF) saw an inflow of $130 million on Monday (23/12), signaling growing investor interest in Ethereum-based investment products. This positive trend emerged on the same day that Spot Bitcoin (BTC) ETFs experienced a significant outflow of $226 million.

According to CoinGlass data, the inflows were led by:

• BlackRock’s iShares Ethereum Trust ETF (ETHA) $89 million

• Fidelity Ethereum ETF (FETH) $46 million

• Bitwise Ethereum Fund (ETHW) $1 million

Meanwhile, ETHA experienced a small $6 million outflow earlier, while other Ethereum products remained stable without any inflows or outflows.

In contrast, nearly all Spot Bitcoin ETFs faced outflows, except BlackRock’s iShares Bitcoin Trust (IBIT), which recorded $31 million in inflows.

Ethereum Gains Momentum Over Bitcoin

The data suggests Ethereum ETFs are gaining popularity despite Bitcoin ETFs maintaining higher trading volumes overall.

Market analysts speculate this shift could mark the beginning of an altcoin season, where investors diversify portfolios beyond Bitcoin, with Ethereum leading the trend as a top-performing alternative.

This development highlights Ethereum’s growing acceptance as a strong investment asset in the crypto ETF market.