$2.1 Billion Inflows into US ETH Spot ETF in December, Highest Ever

The United States Ethereum (ETH) spot exchange-traded fund (ETF) saw a record inflow of $2.1 billion (KRW 3.1 trillion) in December, marking the largest monthly inflow ever. This is double the $1 billion inflow recorded in the previous month. Analysts believe that the continuous inflows into the ETF indicate a positive outlook for ETH's price, supporting VanEck's prediction that ETH will surpass $6,000 in value next year. This bullish sentiment is further fueled by the growing institutional adoption of cryptocurrencies and the increasing popularity of decentralized finance (DeFi). The ETH spot ETF has gained popularity among investors seeking exposure to Ethereum without the need for direct ownership of the underlying asset. The ETF provides a regulated and convenient way to invest in ETH, attracting both individual and institutional investors. The recent inflow surge suggests that investors are becoming more confident in the long-term prospects of Ethereum and the broader cryptocurrency market. As the industry continues to mature and gain mainstream acceptance, we may see even larger inflows into crypto-related investment vehicles in the future.