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Record Inflows into Ethereum ETFs

9 Dec 2024by CryptoJazz Admin1 min read2 views
Record Inflows into Ethereum ETFs

๐Ÿ”ถFrom December 2 to December 6, 2024, spot Ethereum ETFs on the U.S. market recorded a historic inflow of $836.69 million, according to SoSo Value data, marking an all-time high for the sector.

๐Ÿ”ถWeekly inflows exceeded $100 million for the first time in August 2024, but November and December demonstrated significant improvement. On December 6 alone, daily inflows reached $83.76 million.

๐Ÿ”ถDuring the same period, spot Bitcoin ETFs achieved the second-highest weekly inflows, totaling $2.73 billion. The iShares Bitcoin Trust led the way, with assets surpassing $50 billion in less than a year. Since Donald Trump’s victory in the U.S. presidential election, these products have attracted $10 billion in inflows, increasing the total assets under management to $113 billion.

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