ETH ETFs Surge: Record Inflows Sparking Institutional Interest
HARDBRIEF – Ethereum exchange-traded funds (ETFs) achieved another milestone last week, recording record inflows of $2.2 billion, nearly doubling the previous high and pushing total assets across digital asset funds towards an all-time high.
According to a new CoinShares report, Ethereum "stole the show." Its price saw a substantial rise of around 25% while Bitcoin, also hitting a record $123,000 briefly, remained relatively flat despite its steady climb to new valuations.
Digital asset funds attracted inflows for a 14th consecutive week, bringing the total assets under management (AUM) in these funds to approximately $220 billion.
BlackRock recently applied to the SEC for permission to stake a portion of its ETH holdings within its iShares Ethereum Trust, potentially enhancing returns and appeal for large holders.
The significant surge indicates institutions are increasingly valuing the potential beyond simple price appreciation, especially since the UK-based custody firm Copper found that adding 10,000 approved coins to BTC ETFs resulted in an average price increase of 1.8%.
Initial concerns last summer about a potential lack of staking features have shifted, now central to BlackRock’s institutional push. As momentum from winter tides continues, the contrast between ETH’s recent strength and Bitcoin’s caution highlights different opportunities attracting investor capital.
