Ethereum spot ETFs saw huge inflows in the last week, bringing in a total of $837 million. BlackRock’s ETHA was the biggest gainer of the week with $573 million.
Ethereum ETFs had their best day on record on December 5 with $428.5 million invested into the funds. The new high beat out the previous record of $332.9 million which it set on November 29.
These inflows reflect investors’ increasing confidence in Ethereum as a long-term store of value. While the Ethereum spot ETFs struggled for months to attract investors’ attention, especially compared to their BTC counterparts, the landscape is entirely different now.
Institutions drive 10-day ETF inflow streak
ETH ETF inflows are soaring driven by institutional adoption. According to SosoValue, ten days of healthy inflows have proven Ethereum ETFs’ durability and appeal for diverse investment portfolios.
Last week, Bitcoin spot ETFs had their second-largest net inflows ever at $2.73 billion. BlackRock‘s IBIT fund led inflows with $2.63 billion. These data demonstrate Bitcoin’s ETF dominance. This comes at a time when Bitcoin’s price hit an all-time high of $100,350, breaking the $100,000 mark for the first time.
ETH’s price has also risen, reaching over $4,000, the highest since March 2024. This rise has led to an improved ETH/BTC ratio, which has surged by 14.5% in the past month. Analysts predict that this trend could continue over the next six to twelve months as Ethereum continues gaining strength against BTC.
Investors embrace crypto ETFs as demand for regulated digital asset exposure grows
The record-breaking inflows into the ETFs demonstrate extended belief in its status as digital gold. Due to regulated exposure, institutional investors increasingly embrace Bitcoin ETFs, expanding this market segment.
With the recent increase in Ethereum and Bitcoin prices, the trend of spot ETFs may be considered significant in integrating digital assets into mainstream investment portfolios.
Notably, since Donald Trump became president-elect, about $10 billion has been poured into US exchange-traded funds, which are invested directly in Bitcoin. Several analysts believe his embrace of the crypto sector heralds a boom for the market.
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