$ETH ETFs continue to gain momentum, with $109.5 million in inflows recorded on Tuesday—marking the 12th consecutive day of positive fund movement. Leading the surge is BlackRock's iShares Ethereum Trust (ETHA), which saw $77.2 million in inflows, followed by Fidelity’s FETH with $21 million and Grayscale’s mini-Ether ETF with $8.4 million, according to Farside Investors.

This trend reflects a shift in institutional interest from Bitcoin to Ethereum, as ETH outperforms BTC since mid-April. Notably, BlackRock’s Bitcoin ETF (IBIT) has seen outflows, while ETHA’s assets under management have risen to $3.7 billion, holding over 1.4 million ETH. ETHA’s share price also rose 45% over the past month, though still down 25% year-on-year.

BlackRock’s push for SEC approval to include staking in its ETF could further boost investor confidence. Additionally, large OTC transactions—such as a 108,278 ETH deal and Galaxy Digital’s 89,000 ETH withdrawal—highlight growing whale activity, reinforcing bullish sentiment and institutional confidence in Ethereum’s long-term potential.