ETF Store CEO Nate Geraci emphasized that crypto asset-related ETFs are expected to lead in capital inflows in 2024, with the eight largest funds launched this year all belonging to this sector.
This list includes four spot BTC ETFs, two Ethereum ETFs, and two MicroStrategy ETFs.
Over the past 12 months, these eight funds have outperformed all approximately 740 ETFs.
BlackRock's spot BTC ETF IBIT recorded over $37 billion in positive net inflows in less than a year, ranking first.
IBIT also became the best-performing ETF launched in history, accumulating nearly $53 billion in assets under management (AUM) in 11 months.
Fidelity's spot BTC ETF FBTC ranked second with a total of $12.2 billion in inflows, while BlackRock's spot Ethereum ETF ETHA ranked third with $3.5 billion in positive net inflows.
This highlights the difference in flow between BTC and Ethereum ETFs, as the largest Ethereum ETF's inflows are 11 times lower than those of the largest BTC fund.
The other two BTC ETFs on the list are ARK 21shares' ARKB and Bitwise's BITB, which recorded inflows of $2.6 billion and $2.2 billion, respectively.
The first MicroStrategy-related ETF (YieldMax's MSTY) recorded the eighth-largest net inflow, close to $1.8 billion, followed closely by the second Ethereum ETF on the list (Fidelity's FETH) with slightly over $1.5 billion in net inflows.
Defiance's MSTX ranked in the top eight with $1.4 billion in inflows, becoming the second MicroStrategy-related ETF.
Analysts hold an optimistic view on the prospects of US crypto ETFs.
According to Bitwise estimates, next year, the BTC ETF alone will attract $35 billion in inflows, accumulating over $70 billion in less than two years.
Meanwhile, Bloomberg ETF analysts Eric Balchunas and James Seyffart expect a wave of new crypto asset-related ETFs to emerge next year.
Additionally, Geraci recently predicted that the regulatory environment will become more favorable for the sector in the coming months, making it possible for Solana (SOL) ETFs to gain approval in 2025.
According to Farside Investors, from November 6 to December 27, the spot BTC ETFs traded in the US recorded $12.1 billion in inflows, accounting for 34% of their capital flow this year to date.
This had an even more significant impact on spot Ethereum ETFs, which recorded $3.2 billion in inflows during the same period. These funds were enough to reverse the negative net outflow of over $500 million for these funds, currently totaling nearly $2.7 billion.
