ETHA has attracted roughly $251.4 million across 20 sessions, including $13.9 million in the latest session, according to Arkham data. The dollar amount is notable, but the consistency is what stands out, with zero net outflow days while
$ETH traded mostly range-bound and other Ethereum ETFs, including Fidelity’s FETH, saw capital leave.
That creates a genuine divergence in institutional flow behaviour.
But calling this a Wall Street rotation from BTC to ETH would be overstating it.
BlackRock’s Bitcoin ETF, IBIT, still operates on a completely different scale. It saw a $201.2 million outflow o