Global Ethereum exchange-traded products have outperformed their Bitcoin counterparts over the past week ahead of the highly-anticipated launch of spot Ethereum exchange-traded funds in the U.S.

Ethereum ETPs generated net inflows for their fourth consecutive week, totaling 16,911 ETH, according to data from K33 Research. Meanwhile, Bitcoin ETPs saw net outflows of 12,523 BTC — the third-worst week to date — primarily driven by U.S. spot Bitcoin ETF net outflows.

Over the past four weeks, global Ethereum ETPs have registered net inflows of 86,472 ETH, worth around $300 million. That mirrors a $1.25 billion spike of inflows into Bitcoin ETPs in November 2023 ahead of the launch of spot Bitcoin ETFs in the U.S., K33 analysts Vetle Lunde and David Zimmerman wrote in a Tuesday report.

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