The inflow of funds into Ethereum ETF reached 1.66 billion US dollars in December, accounting for 74% of the total inflow since its establishment
Data from The Block shows that the inflow of Ethereum ETFs significantly accelerated in December, reaching $1.66 billion, accounting for 74% of the total inflow of $2.24 billion since its establishment. Among them:
BlackRock's iShares Ethereum Trust (ETHA) led the way, with funds flowing in reaching a single-day high of $292 million on December 5;
Fidelity's FETH is the second most popular choice, although its inflows are usually lower compared to BlackRock's product;
Investor interest in other ETH ETF providers is relatively moderate, forming a stark contrast to the distribution of Bitcoin ETF product inflows. Currently, all Ethereum ETF products have approximately $11 billion under management.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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