Ethereum funds record a net inflow of 2.2 billion USD in 2024
In 2024, Ether (ETH) investment funds recorded a net inflow of a record 2.2 billion USD, far exceeding the previous record of 2 billion USD from 2021. Investor sentiment is shifting significantly from Bitcoin (BTC) to Ethereum. The inflow rate into Ethereum investment products indicates new interest, especially in the context of Ethereum ETF funds recording more inflows than Bitcoin ETF funds for the first time.
According to a report by CoinShares on December 2, this increase reflects a significant shift in market sentiment. In the week starting November 26, Ethereum attracted 634 million USD, while Bitcoin saw an outflow of 457 million USD. This may indicate that Wall Street is officially joining the "altcoin game," with a desire to invest in ETH.
The recent recovery of Ethereum investment products has also seen significant growth in interest from large investors and institutions.