Ethereum ETFs are seeing a notable shift in sentiment, with institutional money rotating into ETH after the token lagged Bitcoin for much of the year, and Ethereum ETFs have now seen three consecutive weeks of positive flows.
Bitcoin ETF demand is reaccelerating after a summer taper, with larger institutions returning and macro conditions such as government intervention in yen and long-dated Treasury markets to stabilize rates and currencies shifting in favor of a Bitcoin regime. The ETF flow number represents net accumulation even while price discovery absorbs latent supply.