Ethereum ETFs Hit Six-Week High as Investors Rotate Within Crypto
Spot Ethereum ETFs attracted $177.64 million in inflows on Tuesday, marking the largest single-day inflow in six weeks. Bitcoin spot ETFs also saw significant inflows of $151.74 million that day, highlighting a structural rotation among investors rather than a one-off move.
Major U.S. wirehouses including Morgan Stanley, Merrill Lynch, UBS, and Wells Fargo have increasingly opened to crypto investments, potentially unlocking trillions of dollars in new ETF access. ETF products have drawn about $21.40 billion into Ethereum so far, representing roughly 5% of ETH's $400 billion market capitalization.
Ethereum is trading around $3,329 and has gained approximately 6.9% over the past 24 hours according to CoinGecko. The prediction market Myriad assigns a 58% probability to Ethereum reaching $4,500, an increase from earlier in the month.
Altcoin ETFs also saw mixed inflows, with Solana netting $16.54 million and XRP $8.73 million, while Dogecoin and Chainlink inflows remained flat.
Analysts view these flows as evidence of growing selectivity among investors. Staking-enabled products and the traction of tokenization are gaining momentum, with expectations for rising ETF inflows into 2026 as products mature and regulatory clarity improves. Although near-term macroeconomic uncertainty could increase volatility, the long-term outlook for ETFs remains bullish. Stronger flows are anticipated as macro conditions ease and more products mature.
