Digital Asset Funds See Second Consecutive Week of Inflows: CoinShares

"This is due to persistent outflows from the incumbent Grayscale Trust and scant inflows from the newly issued ETFs," CoinShares wrote on Monday.

"Ether exchange-traded funds have consistently underperformed bitcoin ETFs since they listed in the U.S. in July," highlighting the challenges faced by ETH products in attracting investment.

"JPMorgan attributed the disparity to bitcoin's 'first mover advantage', the lack of staking provision in ETH products and lower liquidity making them less appealing to institutional investors."

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