XRP and Bitcoin forgotten as Ethereum (ETH) pulls $300 million weekly inflows
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Last week, almost $300 million went into ETH investment products, making it by far the biggest winner in the crypto space, according to CoinShares.
While most other assets hardly moved — or actually saw money leave — Ethereum saw its seventh week in a row of solid inflows. That brings the monthly total to about $296 million, and year-to-date inflows to over $1.7 billion.
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So, here is the deal: Bitcoin had outflows of $56 million in the same week. XRP is down again. Cardano was a no-show. This was not just another quiet week; there was a clear shift in attention.
Why Ethereum now?
It is actually not complicated: the money is following the tech. Ethereum is where things are actually being built — from stablecoins to tokenized assets to new payment rails. While Bitcoin is still all over the news and the total value of its assets is growing, ETH is becoming the go-to bet for what is coming next in financial infrastructure.
The ETF numbers back it up. Ethereum ETFs in the U.S. have now had inflows for 15 days in a row. That is $800 million added just in the past three weeks. Meanwhile, Bitcoin ETFs have lost over $1 billion since May 28.
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There are some other changes happening behind the scenes, too. There was a recent $320 million ETH buy, and a portion of that was already staked through liquid protocols. Apparently, some big institutional investors are taking Ethereum seriously as a long-term reserve asset — not just a trade.
The bottom line is that Ethereum is no longer in second place. The focus has shifted from price to positioning. And right now, ETH is where the momentum is clearly building.
