Bitcoin and Ethereum Funds See Surge in Inflows Ahead of ETH Spot ETFs Trading

Bitcoin and Ethereum Funds See Increase in Inflows Ahead of ETH Spot ETF Trading

According to CoinShares, global Bitcoin funds recorded a total net inflow of $148 million last week. In contrast, short Bitcoin products saw an outflow of $3.5 million. Ethereum funds also attracted $33.5 million, recording positive inflows for the second consecutive week after an extended period of minimal activity.

“This reflects a shift in investor sentiment towards Ethereum, which has been subject to outflows totaling $200 million for 10 weeks,” CoinShares said. This renewed interest in Ethereum has also had a positive impact on Solana, which has seen $5.8 million in inflows amid speculation about potential Solana ETFs and other altcoin products.

Although the majority of these inflows originate from the United States, significant crypto investments have also been reported in Canada and Switzerland, where Ethereum maintains strong institutional support alongside Bitcoin.

Experts predict that Ethereum ETFs could launch in July, potentially meeting around 20% of the demand seen by Bitcoin ETFs. “Securing 20% ​​of Bitcoin ETF demand would represent an extremely successful launch by typical ETF standards,” Bloomberg ETF analyst Eric Balchunas commented last week.