On Friday, November 29, US spot ETH- ETF reached a new record for daily inflows.
On the final trading day of the week, $332,9 million was invested in nine Ethereum-based ETFs, up $37,4 million from the previous record of $295,5 million set on November 11.
Inflow of funds into spot ETH- ETF
The largest ETH- ETF iShares became the leader in terms of inflow of funds Ethereum Trust (ETHA) from BlackRock. In one day, the fund attracted $250,4 million. In total, since its launch on July 23, 2024, ETHA has received more than $2 billion from investors.
We are seeing the first signs that flows into ETH- ETF are finally starting to gain momentum. Now it's just a matter of time, - wrote a crypto trader under the pseudonym Pentoshi.
Several analysts noted that the influx of funds into spot ETH- ETF turned out to be higher than the indicator bitcoin ETF on the same day. On November 29, about $320 million entered BTC-based funds.
Hartmann Capital founder Felix Hartmann sees it as a sign that Wall Street is "officially joining the alt-rotation fun."
Indeed, since November 22, investors have been pouring into spot ETH- ETF more funds than in bitcoin ETF . Over the four trading days from November 22 to November 27, net inflows into Ethereum-traded funds totaled $224,9 million, while inflows into Bitcoin - funds are marked at $35,2 million, mainly due to the large outflow of capital on November 25.
