Fourth-Highest Trading Volume for Ethereum ETFs

US spot Ethereum ETFs (exchange-traded funds) closed the week with their ninth straight positive inflow. Investors are optimistic after the US presidential elections, as seen by this robust performance.

The run of capital intake would also kick off December well for US-based Ethereum ETFs, which have yet to see large inflows. This enthusiasm has also affected ETH prices, which topped $4,000 for the first time since March 2024.

Fourth-Highest Trading Volume for Ethereum ETFs

SoSoValue reports a $83.3 million net inflow for the US Ethereum ETF market on Friday, December 6. The exchange-traded funds have seen capital inflows for 10 days straight, a record since July 2024.

Interestingly, Fidelity's Ethereum Fund (FETH) provided the highest value to Ethereum ETFs. On Friday, the Fidelity ETF topped with $47.9 million in inflows, according to market statistics.

Over $34.56 million into BlackRock's iShares Ethereum Trust (ETHA). Grayscale Ethereum Mini Trust (ETH) and Bitwise Ethereum ETF (ETHW) donated $22.9 million and $13.45 million, respectively.

The Grayscale Ethereum Trust (ETHE) and 21Shares Core Ethereum ETF (CETH) had outflows of $29.59 million and $6.9 million, respectively.

This $83.3 million single-day performance pushes the Ethereum ETFs' weekly net inflow to $836.69 million, their biggest since inception. This is a huge leap from mid-November's $515 million record.

Friday was the fourth-highest volume trading day for Ethereum ETFs since their launch. SoSoValue reported $992.52 million in trading for the week-end.

Ethereum Price Overview

ETH is now at $4,000, down 0.4% in 24 hours. Ethereum has gained almost 10% in the previous week, a phenomenal performance.

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