Ether ETFs Surge as Investors Pivot Away from Bitcoin

Ether ETFs See Record Inflows Despite Price Crash—What’s Driving It?
Is Ethereum’s Pectra Upgrade Fueling a Bullish Shift for Ether?
Ether’s ETF Inflows Outpace Bitcoin Amid Growing Optimism for ETH
Why Ether Is Gaining Traction: Strong ETF Inflows Despite Market Volatility

If you thought the early-month price crash of Ether (ETH) to $2,000 would deter investors, think again. In fact, U.S.-listed spot ETFs suggest that investors are flocking to ether instead of Bitcoin (BTC).

According to Farside Investors, nine ether spot exchange-traded funds (ETFs) in the U.S. have recorded a massive net inflow of $393 million this month, a figure seven times larger than the inflows seen in January as reported by Glassnode. Remarkably, these funds experienced outflows on only two trading days. In contrast, the 11 bitcoin ETFs faced a net outflow of $376 million this month, with only four days of inflows.

This shift towards ETH is largely driven by carry trading, where traders buy spot ETFs and short ETH CME futures at the same time. Additionally, some of the inflows could reflect outright bullish bets on ETH.

Despite the growing ETF activity, this pivot has not yet translated into significant price growth for ether. ETH has largely traded between $2,600 and $2,800 since its price crash on Feb. 3. Bitcoin has also remained within a narrow range below $100,000, hindered by volatile movements in memecoins.

Still, many experts are optimistic about ETH’s price potential, citing the upcoming Pectra upgrade on April 8. The upgrade is expected to improve Ethereum’s execution and consensus layers, positioning it to better compete with rival Layer 1 blockchains like Solana.

Nick Forster, founder of decentralized options platform Derive.xyz, expressed confidence in ETH’s future:
“ETH has a solid foundation for a resurgence. The Pectra upgrade is bringing faster transactions, better staking mechanics, and improved network performance.”

Forster also highlighted Vitalik Buterin’s push for a 10x increase in the L1 gas limit, which would foster better application development and security. The recent $120 million allocation by the ETH Foundation to DeFi projects is seen as a strong signal of renewed institutional interest through ETHrealize, a project led by Vivek Raman aimed at integrating traditional financial institutions into the blockchain ecosystem.

Forster concluded, “There’s now a 30% chance ETH will break above $3K by the end of the quarter, up from 28% last week.”

Also Read – 

Animoca Brands Co-Founder Yat Siu’s X Account Hacked to Spread Fake Token Scam