ETHEREUM SPOT ETFS RECORD INFLOW: WHAT DOES IT MEAN?
In December 2024, Ethereum spot exchange-traded funds (ETFs) saw a record net inflow of $2.08 billion, reflecting investors’ growing interest in Ethereum-backed financial products.
In May 2024, the U.S. Securities and Exchange Commission (SEC) approved spot Ethereum ETFs. This approval made it easier for investors to invest directly in Ethereum.
The highest net inflow in December was $1.4 billion for BlackRock’s iShares Ethereum Trust ETF (ETHA). Fidelity Ethereum Fund (FETH) came in second with a total net inflow of $1.56 billion.
These developments reflect the increasing acceptance of Ethereum in financial markets and investors increasingly including digital assets in their portfolios.