The post Spot Ether ETFs Smash Records, Overtaking Bitcoin’s Inflows appeared first on Coinpedia Fintech News Investors are shifting gears, pouring record funds into spot Ether ETFs and showing increased confidence in Ethereum’s potential. On November 29, spot Ether ETFs brought in a jaw-dropping $332.92 million in daily inflows, blowing past Bitcoin ETFs for the first time. It wasn’t even close. This milestone shows how Ether is not just a “second-best” crypto anymore—it’s carving out its own story in the world of ETFs. Ethereum Steps Up Big Time So, here’s the kicker: only three of the nine active Ether ETFs were responsible for this massive inflow. Crazy, right? Leading the charge was BlackRock’s iShares Ethereum Trust (ETHA), which brought in roughly $250 million—talk about stealing the show. Since launching in July, ETHA has stacked up over $2 billion, solidifying its place as a favorite among investors. Meanwhile, Fidelity’s FETH added $79 million, and Grayscale chipped in $3.4 million. Not huge compared to ETHA, but still solid contributions. On the price side, Ethereum is holding steady at $3,695. That’s a 3.79% gain in the last 24 hours, with trading volume also up over 11%. Sure, it’s still about 24% below its 2021 all-time high of $4,891, but there’s a sense that the momentum could push it higher—if it can crack that $3,730 resistance level. Bitcoin Takes a Back Seat For once, Bitcoin wasn’t the main attraction. Spot Bitcoin ETFs saw $320 million in inflows on the same day, which is impressive but not enough to outshine Ether’s big win. And here’s the interesting part: only six out of twelve Bitcoin ETFs actually got inflows. Maybe the tide is turning? This isn’t just about one day, either. Over the past week, Ether ETFs have been quietly dominating. Between November 22 and 27, they raked in nearly $225 million, while Bitcoin ETFs only managed $35 million, mostly because of a big outflow on November 25. What’s Next So, what does this mean? Well, it’s clear investors are warming up to Ethereum in a big way. Whether it’s the recent price action or the buzz around its growing use cases, Ether seems to be stepping out of Bitcoin’s shadow. And with giants like BlackRock leading the charge, this could just be the beginning.
