UPDATE: Yesterday Ethereum spot ETFs saw a big spike in inflows @ $240m 📊📈💸
Funny thing is bitcoin ETFs yesterday had only $164m of inflows.
So this is the first day where Ethereum ETF inflows surpassed inflows of bitcoin ETFs !😮
Fair to say this is solid confirmation of a significant shift in sentiment among retail and institutional ETF investors!
Not surprising considering #bitcoin is trading near ATHs while $ETH is trading 44% under its previous ATH of $4800 from 2021.
$ETHA $FETH $IBIT $FBTC


Sentiment around $ETH has shifted quite a bit in the past week among institutional and retail EFT investors.
Since SharpLink's $425M announcement on May 27th, Ethereum ETF inflows have picked up significantly
Total inflows since the announcement: $473.5m📊📈
Also notable is that Bitcoin ETFs have seen multiple days of outflows in the past week totaling more than $1b.😮
Majority of the inflows are into BlackRock's $ETHA
Fidelity's $FETH also showing strong inflows
$SBET

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