In recent weeks, Ethereum exchange-traded funds (ETFs) have seen significant inflows, with $169 million invested in the past week alone. This marks the highest level of investment in two months and suggests a growing interest from institutional investors in crypto.
The increase in ETF demand is attributed to several factors, including geopolitical uncertainty, price comparison, and marginal regulatory progress. As a result, experts predict that this trend may continue over the long term as institutional investors increasingly turn to crypto due to its non-sovereign store of value.