Ethereum (ETH) is back in the spotlight as its price has seen a significant surge, climbing to $3,711 as of 11:30 p.m. on November 30. This month’s 47.40% increase in the value of ETH seems to have sparked renewed interest in US-listed spot Ethereum ETFs, which until November had largely been overshadowed by spot Bitcoin ETFs.

Ethereum Spot ETF inflows surged to $91.2 million, reversing six consecutive days of outflows. BlackRock’s Ethereum ETF (ETHA) significantly contributed to this trend. The exchange-traded fund saw a notable single-day inflow of $99.

Ethereum ETF daily inflows surpassed Bitcoin ETFs' on Black Friday with bulls pushing ETH price above $3,700 amid eyes on new all-time high.

Given that ETH has lagged behind BTC and SOL in the current rally, its recent strength supports the case for it to retest its all-time high,” QCP Capital said.

Ether exchange-traded funds (ETFs) have seen more money from investors than their Bitcoin counterparts since Friday, Nov. 22, as Ethereum’s decentralized finance (DeFi) ecosystem scored a key victory in court this week.

Bitcoin spot ETFs recorded $123 million in net outflows on November 26 while Ethereum spot ETFs saw inflows exceeding $40M on the same day.

The prices of cryptocurrency Ethereum (ETH-USD) have surged over 76% in the past month, mainly due to the post-election rally witnessed in the