U.S. spot exchange-traded funds are starting to note inflows as Bitcoin embarks on a choppy yet upsloping move, ending weeks of corrections. Spot Ethereum ETFs attracted $177.64 million on Tuesday, hitting a six-week high, according to SoSoValue data—more than the $151.74 million that flowed into spot Bitcoin ETFs.
Among other major altcoin ETFs, Solana saw the highest netflow on Tuesday at $16.54 million. XRP ETFs attracted $
Ethereum’s steady inflows can be attributed to institutions, Lin added, arguing that they increasingly view it not just as an asset but as infrastructure, and highlighting how staking-enabled products and recent traction in the tokenization sector have been gaining momentum. So far, ETF products have scooped up $21.40 billion worth of Ethereum or roughly 5% of the second-largest token’s market cap of $400 billion.
Ethereum is up 6.9% over the past 24 hours, and is currently trading at $3,329, according to CoinGecko data. This bullish momentum is reflected in prediction market Myriad, where users now assign a 58% chance to ETH hitting $4,500 rather than falling to $2,500—a significant increase from under 30% at the start of the month.
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