Spot Ethereum ETF inflows reported $455 million in net inflows on Tuesday, outpacing Bitcoin ETFs’ $88 million. It is the second time this week that ETH ETFs have outpaced Bitcoin’s ETFs. The two top cryptocurrencies by market capitalization have been competing over the last few months, both surging in 2025 so far. Despite being the cheaper option on the market, Ethereum’s value has grown nearly the same percentage as BTC: 79% to 81%.
According to SoSoValue data, the funds from BlackRock and Fidelity spearheaded yesterday’s inflows — ETHA reported net inflows of $323 million, while FETH had $85.5 million. Grayscale’s ETHE and Mini Ethereum Trust ETF also saw positive flows. While Ethereum reaching an ATH in August was shadowed by BTC’s surge towards $120,000, ETH is looking like a favorable investment in the remainder of this year, and the competition between the two cryptocurrencies is expected to continue into September 2025.
Could ETH Continue Strong Gains into September?
September has historically been a bearish month for Bitcoin (BTC). Given that BTC is the market leader, and other assets follow its trajectory, September has been a bearish month for the general crypto market. If BTC continues to follow its historical pattern, we may see the asset face further correction. Ethereum’s (ETH) price will either suffer under such circumstances or perhaps slightly outperform BTC in one of its worst months historically.
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ETH began this upward surge after its Pectra upgrade in May. The update, coupled with high ETF inflows, has led to the asset climbing to all-time high levels and competing with Bitcoin. Now, analysts are forecasting further gains that could push ETH over BTC again. According to CoinCodex’s ETH analysis, Ethereum will continue to rally over the coming months. The platform anticipates the asset to hit a new all-time high of $8007.04 on Nov. 22. Hitting $8007.04 from current price levels will entail a rally of about 72.32%. Meanwhile, the analysts project BTC to only post an ROI gain of 29.39% in November.
Furthermore, there is a high chance of an interest rate cut in September, which could further pump BTC and ETH price. Federal Reserve Chair Jerome Powell stated after his Jackson Hole meeting that current conditions “may warrant adjusting our policy stance.” This may mean that the Fed is eyeing an interest rate cut next month. The Federal Open Market Committee (FOMC) meeting is scheduled for Sept. 17.