FameEX Hot Topics | Investors Inject Record $432M into Ether ETFs During 9 Straight Days of Inflows

Spot Ether ETFs in the United States have experienced a remarkable surge in investment over the past two weeks, attracting more than $1.3 billion in inflows. This surge comes as Ethereum's price rallies, nearing the $4,000 mark, which has fueled investor optimism and pushed the cryptocurrency market higher.

On December 5, U.S.-based spot Ether exchange-traded funds (ETFs) recorded their largest daily inflow in history, reaching $431.5 million. This marks the ninth consecutive trading day of positive flows for Ether ETFs, a streak that has continued since November 21. According to preliminary data from Farside Investors and the decentralized news aggregator Tree News, the December 5 inflow surpassed the previous daily record of $333 million set on November 29, underscoring growing confidence in the asset.

These inflows are part of a broader trend, with total net inflows for Ether ETFs now exceeding $1 billion. This positive momentum is bolstered by a steady increase in capital since the funds were launched. Grayscale’s Ethereum Trust (ETHE) has also seen a reduction in outflows, contributing to the overall positive trend. Over the past fortnight alone, Ether ETFs have accumulated more than $1.3 billion in new investments, signaling strong demand.

The majority of the December 5 inflow came from the BlackRock iShares Ethereum Trust (ETHA), which saw $295.7 million in inflows, bringing its total inflow to $2.3 billion. Other notable contributors included Fidelity’s Ethereum Fund (FETH) with $113.6 million and Grayscale’s Ethereum Mini Trust (ETH) with $30.7 million. However, Grayscale’s Ethereum Trust (ETHE) saw an outflow of $15.1 million, indicating some ongoing challenges within the sector.

Meanwhile, Bitcoin ETFs also continued their positive momentum, with $747.8 million in net inflows across 11 funds on December 5. BlackRock’s iShares Bitcoin Trust (IBIT) accounted for the majority of this, with $751.6 million in inflows. Ether ETF inflows have mirrored Ethereum’s recent 16% price gain, as Ether hit an eight-month high of $3,946 on December 5.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.