From ETF Fund Flow Predicting Future Market Trends, Is ETH Finally Going to Take the Baton from BTC?
Original Article Title: "Will ETF Fund Flows Forecast the Future Market? Is ETH Finally Taking Over from BTC?"
Original Article Author: Azuma, Odaily Planet Daily
On December 29, Eugene Ng Ah Sio, a highly influential trader in the cryptocurrency community, released his outlook and expectations for the first quarter of 2025, predicting that ETH will be the best-performing mainstream token of the next quarter.
Eugene first mentioned three reasons for his bullish view on ETH: technical trends; Trump's favor (especially WLF's significant buy-in to the Ethereum ecosystem); and the status of the Base ecosystem development. He then emphasized once again that since Trump's election, there has been a 180-degree shift in the inflow of Ethereum spot ETF funds.
ETF Fund Trends: Is Ethereum More Favorable?
Eugene did not exaggerate. SoSoValue data shows that since Trump's victory on November 6, there has been a significant increase in inflows into the Ethereum spot ETF, with the growth trend even surpassing that of the Bitcoin spot ETF during the same period.
Entering late December, this trend has become even more pronounced.
SoSoValue data shows that last week (December 23 to December 27 Eastern Time), Ethereum spot ETF saw a net inflow of $349 million for the week, while the Bitcoin spot ETF saw a net outflow of $388 million — this significant difference in fund flows may indicate a better outlook for ETH in the future.
As of the publication, the official ETF inflow/outflow data for Monday of this week has not been fully disclosed yet, but according to LookIntoChain's on-chain monitoring, yesterday, ten US Bitcoin ETFs saw a net outflow of 3000 BTC ($275.59 million); nine Ethereum ETFs saw a net inflow of 16,359 ETH ($54.33 million), and the trend seems to remain unchanged.
Trump Concept Full House
In addition to the ETF flow data, another reason supporting the outlook for ETH is the ongoing accumulation of the Trump family project WLFI.
Over the past period, WLFI has successively acquired several Ethereum ecosystem tokens such as AAVE, LINK, ENA, ONDO, but the project's largest holding is still ETH.

Although this is somewhat related to WIFI itself being deployed in the Ethereum ecosystem, the phrase "even the president has gotten on board, what are you still hesitating for" still has a strong FOMO effect.
Looking back at historical data, will the script repeat itself?
Coinglass data shows that in the history of U.S. elections and post Bitcoin halving cycles, during the first quarter of the new year, ETH has performed the best, especially in the first quarter of 2017 and the first quarter of 2021, with ETH rising by 518% and 161% respectively, even surpassing BTC's returns in these two quarters (11.9%, 103.2%).
If history repeats itself, ETH may experience a significant surge in Q1 of next year.

Potential Beta Choices
If ETH is truly able to surge, some Ethereum ecosystem tokens may become higher risk/reward Beta choices, such as:
· Trump Concept Coin Portfolio: AAVE, LINK, ENA, ONDO;
· Grayscale Top 20 Selection: LINK, UNI, AAVE, ENA, OP, LDO;
· ETF Collateral Expectation Potential Upside: LDO, EIGEN, RPL, SSV;
· Top Ethereum Ecosystem AI Concepts: VIRTUAL, GAME, AIXBT;
Odaily Note: The above tokens are only examples within specific sectors and concepts and do not constitute investment advice.
Contrarian Viewpoint
Although many well-known investors/traders, including Eugene, have been openly bullish on ETH, there are also voices expressing a pessimistic view on ETH's future performance.
10x Research founder Markus Thielen has outlined a more pessimistic scenario, expecting ETH to continue to underperform and not reach a new all-time high in a "hawkish" macro environment by 2025: "We anticipate a more conservative outlook for ETH in 2025. Unlike previous years, the initial hawkish policies may face a test of weakening liquidity tailwinds."
During this period of high market volatility, the predictions offered by various parties are based solely on the conditions and indicators they focus on, leading to "one-sided conclusions." No one can predict the future, so remember to DYOR before making any decisions.
You may also like
AI Trading's Ultimate Test: Empower Your AI Strategy with Tencent Cloud to Win $1.88M & a Bentley
AI traders! Win $1.88M & a Bentley by crushing WEEX's live-market challenge. Tencent Cloud powers your AI Trading bot - can it survive the Feb 9 finals?

Russia’s Largest Bitcoin Miner BitRiver Faces Bankruptcy Crisis – What Went Wrong?
Key Takeaways BitRiver, the largest Bitcoin mining operator in Russia, faces a bankruptcy crisis due to unresolved debts…

Polymarket Predicts Over 70% Chance Bitcoin Will Drop Below $65K
Key Takeaways Polymarket bettors forecast a 71% chance for Bitcoin to fall below $65,000 by 2026. Strong bearish…

BitMine Reports 4.285M ETH Holdings, Expands Staked Position With Massive Reward Outlook
Key Takeaways BitMine Immersion Technologies holds 4,285,125 ETH, which is approximately 3.55% of Ethereum’s total supply. The company…

US Liquidity Crisis Sparked $250B Crash, Not a ‘Broken’ Crypto Market: Analyst
Key Takeaways: A massive $250 billion crash shook the cryptocurrency markets, attributed largely to liquidity issues in the…

Vitalik Advocates for Anonymous Voting in Ethereum’s Governance — A Solution to Attacks?
Key Takeaways Vitalik Buterin proposes a two-layer governance framework utilizing anonymous voting to address collusion and capture attacks,…

South Korea Utilizes AI to Pursue Unfair Crypto Trading: Offenders Face Severe Penalties
Key Takeaways South Korea is intensifying its use of AI to crack down on unfair cryptocurrency trading practices.…

Average Bitcoin ETF Investor Turns Underwater After Major Outflows
Key Takeaways: U.S. spot Bitcoin ETFs hold approximately $113 billion in assets, equivalent to around 1.28 million BTC.…

Japan’s Biggest Wealth Manager Adjusts Crypto Strategy After Q3 Setbacks
Key Takeaways Nomura Holdings, Japan’s leading wealth management firm, scales back its crypto involvement following significant third-quarter losses.…

CFTC Regulatory Shift Could Unlock New Opportunities for Coinbase Prediction Markets
Key Takeaways: The U.S. Commodity Futures Trading Commission (CFTC) is focusing on clearer regulations for crypto-linked prediction markets,…

Hong Kong Set to Approve First Stablecoin Licenses in March — Who’s In?
Key Takeaways Hong Kong’s financial regulator, the Hong Kong Monetary Authority (HKMA), is on the verge of approving…

BitRiver Founder and CEO Igor Runets Detained Over Tax Evasion Charges
Key Takeaways: Russian authorities have detained Igor Runets, CEO of BitRiver, on allegations of tax evasion. Runets is…

Crypto Investment Products Struggle with $1.7B Outflows Amid Market Turmoil
Key Takeaways: The recent $1.7 billion outflow in the crypto investment sector represents a second consecutive week of…

Why Is Crypto Down Today? – February 2, 2026
Key Takeaways: The crypto market has seen a downturn today, with a significant decrease of 2.9% in the…

Nevada Court Temporarily Bars Polymarket From Offering Contracts in the State
Key Takeaways A Nevada state court has temporarily restrained Polymarket from offering event contracts in the state, citing…

Bitcoin Falls Below $80K As Warsh Named Fed Chair, Triggers $2.5B Liquidation
Key Takeaways Bitcoin’s price tumbled below the crucial $80,000 mark following the announcement of Kevin Warsh as the…

Strategy’s Bitcoin Holdings Face $900M in Losses as BTC Slips Below $76K
Key Takeaways Strategy Inc., led by Michael Saylor, faces over $900 million in unrealized losses as Bitcoin price…

Trump-Linked Crypto Company Secures $500M UAE Investment, Sparking Conflict Concerns
Key Takeaways A Trump-affiliated crypto company, World Liberty Financial, has garnered $500 million from UAE investors, igniting conflict…
AI Trading's Ultimate Test: Empower Your AI Strategy with Tencent Cloud to Win $1.88M & a Bentley
AI traders! Win $1.88M & a Bentley by crushing WEEX's live-market challenge. Tencent Cloud powers your AI Trading bot - can it survive the Feb 9 finals?
Russia’s Largest Bitcoin Miner BitRiver Faces Bankruptcy Crisis – What Went Wrong?
Key Takeaways BitRiver, the largest Bitcoin mining operator in Russia, faces a bankruptcy crisis due to unresolved debts…
Polymarket Predicts Over 70% Chance Bitcoin Will Drop Below $65K
Key Takeaways Polymarket bettors forecast a 71% chance for Bitcoin to fall below $65,000 by 2026. Strong bearish…
BitMine Reports 4.285M ETH Holdings, Expands Staked Position With Massive Reward Outlook
Key Takeaways BitMine Immersion Technologies holds 4,285,125 ETH, which is approximately 3.55% of Ethereum’s total supply. The company…
US Liquidity Crisis Sparked $250B Crash, Not a ‘Broken’ Crypto Market: Analyst
Key Takeaways: A massive $250 billion crash shook the cryptocurrency markets, attributed largely to liquidity issues in the…
Vitalik Advocates for Anonymous Voting in Ethereum’s Governance — A Solution to Attacks?
Key Takeaways Vitalik Buterin proposes a two-layer governance framework utilizing anonymous voting to address collusion and capture attacks,…