Spot Ethereum ETF trading is booming, and the

# Spot Ethereum ETFs See Explosive Trading in the U.S., Attracting Over 10x More Inflows Than Spot Bitcoin ETFs in Past Five Trading Days  

By He Hao  

Source: Wall Street News  

Spot Ethereum ETFs are witnessing explosive trading in the United States, with capital inflows over the past five trading days exceeding ten times those of spot Bitcoin ETFs. According to CoinGlass data, since August 21, spot Ethereum ETFs have recorded inflows of up to $1.83 billion, while Bitcoin ETFs have only seen $171 million in inflows over the same period—less than 1/10 of Ethereum’s.  

This trend continued on Wednesday this week: 9 Ethereum ETFs attracted $310.3 million in capital, whereas 11 spot Bitcoin ETFs only recorded $81.1 million in inflows.  

Since the start of this week, Ethereum’s price rebound has also outpaced that of Bitcoin.  

This large-scale shift of capital toward Ethereum has drawn the attention of industry observers. Insiders described this change as "very dramatic." Since the beginning of July, capital inflows into spot Ethereum ETFs have approached $10 billion.  

Spot Ethereum ETFs have been traded for 13 months, with cumulative inflows reaching $13.6 billion—most of which came in the past few months. In contrast, spot Bitcoin ETFs have a longer trading history (20 months) and a total Assets Under Management (AUM) of $54 billion.  

Since the passage of the *GENIUS Stablecoin Act* in July, market momentum seems to be shifting toward Ethereum. The reason lies in the fact that the Ethereum network holds the largest share of the stablecoin and real-world asset tokenization market. Jan van Eck, CEO of VanEck, stated this week, "This aligns well with what I call 'Wall Street tokens.'"  

According to a report by James Seyffart, a Bloomberg ETF analyst, investment advisors are the largest holders of Ethereum ETFs, with positions totaling $1.3 billion. SEC filings show that Goldman Sachs is among the top holders, with positions amounting to $712 million.  

The scale of cryptocurrency ETFs is growing rapidly. Looking solely at IBIT—the largest Bitcoin ETF—its AUM is quickly approaching that of GLD, the world’s largest gold ETF.  

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