Ethereum Surges 17% in Weekly Inflows, Outpaces Bitcoin

Ethereum, the second-largest digital asset by market capitalization, has surpassed Bitcoin in global crypto weekly inflows, marking a significant shift in investor sentiment. According to the latest report, Ethereum attracted $295.4 million in inflows, its seventh consecutive week of gains, bringing its total for the year to $1.7 billion. This performance is Ethereum’s strongest run since the week of the U.S. elections last November, indicating renewed confidence from both institutional and individual investors.

In contrast, Bitcoin, the largest digital asset, saw outflows totaling $56 million, its second consecutive week of decline. Short Bitcoin products also posted $4.1 million in outflows, suggesting that investors are stepping back from both sides of the Bitcoin trade. The cautious approach is likely due to uncertainty over U.S. monetary policy, with inflation data and Federal Reserve announcements on the horizon.

The United States accounted for the largest share of weekly inflows, bringing in $175 million. Germany followed with $47.8 million and Switzerland with $15.7 million. Canada and Australia saw more modest inflows of $9.8 million and $6.5 million, respectively. On the other hand, outflows were reported in Hong Kong and Brazil, with $14.6 million and $9.2 million withdrawn. Sweden also saw a decline of $7.7 million. Notably, the outflows in Hong Kong ended a stretch of record-setting inflows in recent weeks.

Global inflows totaled $224 million, adding to a strong seven-week streak that has now reached $11.3 billion. While the broader trend remains positive, the pace of inflows has slowed compared to previous weeks. Outside Ethereum and Bitcoin, results were mixed. Sui attracted a modest $1.1 million in inflows, while Ripple Labs associated digital asset XRP saw an outflow of $4 million, making it its third straight week of losses. Solana lost $2.1 million, while multi-asset investment products fell by $6.6 million. Another alternative cryptocurrency, Cardano and Chainlink, each saw minor losses. Litecoin remained flat.

Ethereum’s surge stands out in a market still shaped by caution and changing views on policy risk. According to the analyst's forecast, Ethereum will make millionaires in this Altcoin season. Other reports also add that Ethereum’s 2025 price may hit $3,900, potentially $7,000 in five years. This forecast highlights the growing optimism surrounding Ethereum’s potential for future growth.