The inflow of ETFs into the crypto market in 2024 is on the rise, especially with Bitcoin ETFs. According to data from Cointelegraph, the total assets in ETFs in the United States exceeded $10 trillion in September 2024, with more than $20 billion flowing into crypto-related ETFs, accounting for about 3% of total ETF inflows.
Among them, BlackRock's iShares Bitcoin Trust has led the way with more than $21 billion in inflows since the beginning of the year, and Fidelity's Wise Origin Bitcoin ETF is second with nearly $10 billion in inflowsă52â sourceă. These funds are receiving great attention from investors due to their high liquidity and ability to provide real-world Bitcoin asset guarantees.
In contrast, Ethereum ETFs have been less active, with inflows largely remaining neutral and showing signs of decline due to selling pressure from large market makers and volatile macro conditions. Although some Ethereum ETFs have surpassed the $1 billion mark, their total assets are still lower than those of Bitcoin ETFs.
Overall, Bitcoin ETFs currently dominate due to Bitcoinâs stability and high market capitalization, while Ethereum funds and other crypto assets need more time to develop and attract inflows from investors.
