FameEX Hot Topics | Investors Pour a Record $432M into Ether ETFs Over 9 Consecutive Days of Inflows

Spot Ether ETFs in the United States have seen a record-breaking surge in investment over the past two weeks, attracting more than $1.3 billion in inflows. This surge in capital has coincided with Ethereum's rally, which brought its price close to $4,000, fueling optimism among investors.

On December 5, U.S.-based spot Ether exchange-traded funds (ETFs) recorded their largest single-day inflow in history, amounting to $431.5 million. This marks the ninth consecutive trading day of positive flows for Ether ETFs, a trend that has been in place since November 21. According to preliminary data from Farside Investors and decentralized news aggregator Tree News, this is the largest daily inflow since the funds were launched on July 23, surpassing the previous record of $333 million on November 29.

These impressive inflows are part of a broader upward trend, with total net inflows for Ether ETFs exceeding $1 billion, bolstered by a steady increase in capital since the launch of the funds. With Grayscale’s Ethereum Trust (ETHE) slowing its outflows, the total inflow for the sector continues to rise. Over the past fortnight alone, Ether ETFs have accumulated more than $1.3 billion in new investments.

The bulk of the December 5 inflow came from the BlackRock iShares Ethereum Trust (ETHA), which contributed a record $295.7 million, bringing its total inflow to $2.3 billion. Other notable contributors included Fidelity’s Ethereum Fund (FETH), which saw $113.6 million in inflows, and Grayscale’s Ethereum Mini Trust (ETH), which attracted $30.7 million. However, Grayscale’s Ethereum Trust (ETHE) saw an outflow of $15.1 million, highlighting the ongoing challenges for some funds in the space.

Meanwhile, Bitcoin ETFs also maintained strong momentum, with a net inflow of $747.8 million across 11 funds on December 5. The BlackRock iShares Bitcoin Trust (IBIT) was responsible for most of this figure, with $751.6 million in inflows. The Ether ETF inflows have closely mirrored Ethereum's impressive 16% price gain over the past two weeks, as Ether hit an eight-month high of $3,946 on December 5.

Disclaimer: The information provided in this section is for reference only and does not represent any investment advice or the official views of FameEX.