#TopContentChallence# The demand for Ethereum ETFs is particularly noteworthy. It was reported that there was a new investment inflow of 1.6 billion dollars into Ethereum ETFs last week. With this development, a total of 7.8 billion dollars has been allocated to Ethereum funds since the beginning of the year. The Ethereum ETFs launched last year traded for only five months in their first year.

An analysis conducted by QCP Capital also reveals that the total market value of Ethereum is still around one-fifth of Bitcoin. Therefore, even relatively small institutional fund inflows can lead to significant fluctuations in the ETH price.

Increase in Interest Supporting Altcoins

Bitcoin ETFs experienced a slight correction during the same period and ended the week with a loss of 175 million dollars. This situation raised the question in the markets, "Is the altcoin season opening?" Indeed, interest in altcoin ETFs such as Solana and XRP appears to be increasing; new investments worth 311 million dollars were recorded for Solana and 189 million dollars for XRP. Additionally, SUI funds also saw an inflow of 8 million dollars. On the other hand, other altcoins like Litecoin and Bitcoin Cash.