Spot Ether ETFs in the US are surging in popularity, drawing $1.83 billion of inflows in just five trading days — more than 10 times what spot Bitcoin funds attracted over the same period.
Data from CoinGlass shows that on Wednesday alone, nine Ether ETFs pulled in $310.3 million, while 11 Bitcoin ETFs managed $81.1 million. Since their launch 13 months ago, Ether ETFs have accumulated $13.6 billion, with most of it coming in the past few months. By contrast, spot Bitcoin ETFs, now 20 months old, have $54 billion in aggregate inflows.
Analysts say the shift reflects growing institutional preference for Ethereum’s utility. Ethereum dominates stablecoins and tokenized real-world assets, sectors boosted by the GENIUS Act stablecoin legislation passed in July. VanEck CEO Jan van Eck described ETH as “the Wall Street token,” underscoring its role as the backbone for financial infrastructure.
Investment advisers are leading the charge into Ether ETFs, with $1.3 billion in holdings. SEC filings show Goldman Sachs is the largest single holder, with $712 million in exposure.
Meanwhile, ETH has been outperforming BTC in the short term, gaining 5% this week compared to Bitcoin’s 2.8%. Industry voices like Anthony Sassano have called the capital rotation “brutal,” as Wall Street’s focus tilts toward Ethereum’s broader use cases.
