#BitwiseBitcoinETF The Ether (ETH) spot ETFs closed 2024 with a total of $2.68 billion in net inflows since the launch of Ethereum products on July 23, according to Farside Investors.
Excluding outflows from the converted Grayscale Ethereum Trust (ETHE), the figure would rise to $6.29 billion.
BlackRock's iShares Ethereum Trust ETF (ETHA) and the Fidelity Ethereum Fund (FETH) lead net inflows with $3.52 billion and $1.56 billion respectively.
The low-cost Grayscale Ethereum Mini Trust ETF (ETH) was third in net inflows with $608.1 million, while the Bitwise Ethereum ETF (ETHW) recently surpassed the $400 million milestone.
Although ETH has underperformed compared to Bitcoin and Solana (SOL) in 2024, Bitwise expects it to recover in 2025 and reach a peak of $7,000.