Ethereum and Bitcoin ETFs End 2024 with Record Inflows, Setting Stage for 2025 Growth
Ethereum-focused exchange-traded funds (ETFs) ended 2024 with record-breaking inflows, bringing in over $2.08 billion in December—almost double the previous month’s figures, according to SoSoValue.
BlackRock’s ETHA fund led with $1.4 billion in inflows, followed by Fidelity’s FETH at $752 million. Meanwhile, Grayscale’s ETHE saw $274 million in outflows, bucking the trend.
Analysts attribute this surge to fresh capital entering the market, shifting investor sentiment, and growing interest in Ethereum’s applications in DeFi and AI. By the end of December, total net inflows for Ethereum ETFs had exceeded $2.6 billion, with net assets reaching $12.12 billion, representing over 3% of Ethereum’s market cap. The activity coincided with Ethereum briefly surpassing $4,000 before stabilizing near $3,500.
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Bitcoin ETFs also showed strong performance, with $4.5 billion in inflows during December, though below November’s $6.4 billion peak. Bitcoin closed the year with cumulative inflows of $35.24 billion and total assets of $105.4 billion, approximately 5.7% of its market cap. Bitcoin reached a historic $108,135 on December 17, supported by strong institutional inflows.
Both Ethereum and Bitcoin ETFs are expected to remain key instruments driving institutional involvement in crypto markets, setting the stage for continued growth in 2025.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
