According to Eric Balchunas, Ether ETFs have rapidly increased in price and capital inflows, raising their share of crypto assets under management (AUM) to 13%, up from much lower levels two months ago. Meanwhile, Bitcoin ETFs now hold 82% of the crypto AUM, down from 90% over the same period. This shift indicates that traders are increasingly diversifying into ETH ETFs, though Balchunas notes that Ether's share is unlikely to surpass 20% due to heightened competition. These developments suggest evolving market dynamics that could impact trading strategies for both BTC and ETH. (Source: Eric Balchunas)