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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

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

Bitget2024/12/21 01:53

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.

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