This week, U.S. spot Ethereum exchange-traded funds (ETFs) have seen a significant influx of investment, accumulating 154,000 ETH over the past seven days. This amount is approximately five times greater than their recent weekly average.
In comparison, Bitcoin funds have only managed to attract 7,800 BTC during the same timeframe. This disparity highlights the increasing interest in the diverse applications of Ethereum, including decentralized finance (DeFi) and staking rewards.
