🎚 US-listed Bitcoin and Ether ETFs exceeded early industry estimates with $35.66 billion in net inflows in 2024

⏺ ARK 21Shares Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, and BlackRock's iShares Bitcoin Trust ETF ranked first through tenth, with $37.31 billion.

⏺ Nevertheless, since December 19, a total of $1.33 billion has been pulled out of the spot Bitcoin ETFs.

⏺ Institutional buyers accounted for barely 20% of spot Bitcoin ETF demand. When additional clearinghouses for spot Bitcoin ETF trading go live in 2025, industry experts anticipate a surge in institutional investment.

⏺ Since the Ethereum products launched on July 23, the spot Ether ETFs received a total of $2.68 billion in net inflows by the end of 2024.

The leading net inflows were received by Fidelity Ethereum Fund and BlackRock's iShares Ethereum Trust ETF.