The Ethereum ETF market has witnessed a remarkable 15-day streak of net inflows, accumulating a total of $837.5 million since May 16. This trend followed Ethereum's Pectra upgrade, which enhanced transactions and wallet functions.

BlackRock's ETHA fund leads the pack in individual inflows, amassing almost $600 million, while Grayscale's offerings boast a larger asset base.

Analysts are optimistic about Ethereum's long-term fundamentals, buoyed by the network’s upgrades. However, user activity hasn't significantly increased.

Despite investor optimism, Bitcoin ETFs faced outflows, with $346.8 million leaving the market.

Analysts speculate that a future inflow could be driven by staking-enabled ETFs, as Ether continues to attract interest from institutions.