December 11, 2024
Ethereum ETFs had a remarkable investment performance, recording net inflows of $305.74 million on December 10, a more than 100% increase from the previous day’s $149.79 million inflow. This day is the third highest inflow day on record, behind the two biggest days on December 5 and November 29, which saw inflows of $428.44 million and $332.92 million, respectively.
Fidelity’s FETH fund topped the list, attracting $202.23 million, maintaining its leading role in Ethereum fund inflows. It was closely followed by BlackRock’s ETHA fund with $81.66 million, and Grayscale Ethereum Mini Trust with $25.84 million.
In contrast, Grayscale’s ETHE fund faced outflows, with $3.99 million exiting. Since its launch, the fund has seen total outflows of about $3.5 billion, reflecting the challenges some funds face in the digital market.
Overall, the total cumulative net inflows to Ethereum ETFs amounted to about $1.87 billion, reflecting the growing confidence of investors in the future of this digital currency in global markets. Read also:
Ethereum ETFs See Positive Inflows for 11th Consecutive Day
Ethereum ETFs Record Largest Daily Inflow Since Launch!
