Ether ETFs See $393M Inflows While Bitcoin ETFs Experience $376M Outflows

Recent data indicates a significant shift in investor interest from bitcoin (BTC) to ether (ETH) amid market volatility.

U.S.-listed ether spot ETFs have seen net inflows of $393 million this month, seven times larger than January's figures.
The 11 bitcoin ETFs experienced a net outflow of $376 million during the same period.
Ether's ETF inflows occurred on all but two trading days, while bitcoin ETFs recorded inflows on only four days.
Investors are engaging in carry trading, purchasing spot ETFs while shorting ETH CME futures.
Despite strong ETF activity, ETH prices have remained stable between $2,600 and $2,800 since early February.
Some analysts anticipate price increases due to the upcoming Pectra upgrade on April 8, aimed at enhancing Ethereum's performance.
The ETH Foundation allocated $120 million to DeFi projects, signaling renewed institutional interest.
Probability of ETH exceeding $3,000 by quarter-end increased to 30% from 28% last week.