The Ethereum ETFs vs Bitcoin ETFs battle has reached a critical juncture, with ETH funds recording a staggering $240 million in daily inflows – nearly double Bitcoin ETFs’ $164 million haul.
This marks 18 consecutive days of Ethereum dominance as institutional investors increasingly favor ETH products, fueling a breakout rally that could soon test the $3,000 resistance level.
The widening gap in the Ethereum ETFs vs Bitcoin ETFs competition reflects growing confidence in ETH’s network upgrades and deflationary tokenomics, potentially signaling a major shift in crypto market leadership.
On Wednesday, Ethereum exchange-traded funds recorded a staggering $240.29 million in daily net inflows, outpacing Bitcoin ETFs by a wide margin of $164.57 million.
The Ethereum ETFs vs Bitcoin ETFs debate is being shaped by real capital rotation, network growth, and price momentum that could soon push ETH past critical resistance levels.
The battle of Ethereum ETFs vs Bitcoin ETFs hit a turning point with ETH ETFs hitting their highest single-day inflow in four months.
Leading the charge is BlackRock’s iShares Ethereum Trust (ETHA), which alone saw $163.6 million in inflows and continues its streak of 23 days without outflows. ETHA now manages over 1.55 million ETH, currently valued at $4.23 billion.
“Institutional money doesn’t just follow trends, it shapes them,” said James Seyffart, ETF analyst at Bloomberg. “The consistent inflows into ETH funds indicate a deeper conviction in Ethereum’s fundamentals and upcoming upgrades.”
Since their July 2024 debut, Ethereum ETFs have accumulated $3.74 billion in inflows, showing stronger momentum than early Bitcoin ETF adoption periods.
Momentum in the Ethereum ETFs vs Bitcoin ETFs dynamic isn’t just driven by capital—it’s also being powered by price action. Ethereum recently broke above $2,800 for the first time since February, reaching a 12-day high.
The asset is now flirting with a major technical breakout, supported by bullish patterns across multiple timeframes.
On the weekly chart, Ethereum has completed a five-wave Elliott Wave impulse pattern from the 2022 lows and broken out of a multi-year descending trendline dating back to its 2021 all-time high. This marks the end of an extended accumulation phase.
A completed inverse head-and-shoulders pattern on the daily chart projects immediate targets near $3,300, with secondary breakout targets at $4,000 and $5,917, according to technical analysts tracking the ETH/BTC correlation.
Part of what’s powering the Ethereum ETFs vs Bitcoin ETFs divergence is Ethereum’s strong on-chain fundamentals. The Beacon Chain now holds 34.65 million ETH, representing nearly 29% of the total supply—a sign of long-term holder confidence.
Ethereum’s upcoming Pectra upgrade is also generating buzz for resolving scalability bottlenecks that have historically hindered adoption.
At ETHGlobal, Vitalik Buterin predicted a 10x improvement in transaction capacity within the next year thanks to native layer-1 scaling.
“Ethereum is repeating Bitcoin’s 2018–2021 cycle with eerie accuracy,” said CryptoQuant CEO Ki Young Ju. “If this pattern holds, ETH could be in the early stages of a multi-year climb.”
While the inflow gap between Ethereum ETFs vs Bitcoin ETFs is widening, short-term resistance remains. Ethereum faced rejection at $2,834, and indicators like the MACD are starting to flatten, suggesting a possible brief consolidation.
Immediate resistance now sits at $2,880, and support levels to watch include $2,680, $2,620, and $2,550.
Still, if Ethereum can decisively breach $2,880, the path to $3,000 and beyond becomes increasingly likely.
Technical analysts and institutional traders alike are eyeing a cycle that could eventually mirror Bitcoin’s rise to five figures, potentially putting ETH in the $13,822 range if historical patterns repeat.
The narrative of Ethereum ETFs vs Bitcoin ETFs is no longer hypothetical; it’s unfolding now, with real capital, real volume, and real investor conviction.
With Ethereum ETFs attracting sustained inflows, staking metrics climbing, and network upgrades approaching, ETH appears to be rewriting the dominance script.
For investors wondering where the smart money is flowing, the numbers around Ethereum ETFs vs Bitcoin ETFs are becoming hard to ignore.
Davidson Okechukwu is a passionate crypto journalist/writer and Web3 enthusiast, focusing on blockchain innovation, deFI, NFT ecosystems, and the societal impact of decentralized systems. His engaging style bridges the gap between technology and everyday understanding with a degree in Computer Science and various professional certifications from prestigious institutions. With over four years of experience in the crypto and DeFi space, Davidson combines his technical knowledge with a keen understanding of market dynamics. In addition to his work in cryptocurrency, he is a dedicated realtor and web management professional.