Contrary to popular belief, ETH ETF flows are crushing. Adjusting for respective market caps, ETH's inflows are nearly in line with BTC's monster inflows. h/t @FolioCrypto

I was shocked when I saw the data tbh, didn't expect the relative flows to be this similar. Note: The cumulative flow is market cap adjusted daily (hence drop off on recent ETH pump). Data since ETH spot ETF inception (excluding ETF anchor $$)