
Ethereum spot ETFs witnessed a significant resurgence, attracting $443.9 million in inflows, almost doubling Bitcoin's $219 million on August 25. This rebound follows mid-August outflows, led by major players such as BlackRock and Fidelity, and has pushed Ethereum ETFs' assets under management to $28.8 billion. Despite a recent price dip to around $4,420, institutional investors view the decline as a buying opportunity, fueling notable corporate treasury accumulation and optimistic forecasts. Technical analysis highlights strong support levels and potential for a rally toward $5,000, reflecting renewed market confidence in Ethereum compared to Bitcoin.
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Ethereum Spot ETFs Surge Past Bitcoin with $444 Million Inflows, Indicating Growing Institutional Confidence
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