{"id":1301,"date":"2024-11-18T05:11:07","date_gmt":"2024-11-18T05:11:07","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/spot-ethereum-etfs-see-515-million-record-weekly-inflows-details\/"},"modified":"2024-11-18T05:11:07","modified_gmt":"2024-11-18T05:11:07","slug":"spot-ethereum-etfs-see-515-million-record-weekly-inflows-details","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/spot-ethereum-etfs-see-515-million-record-weekly-inflows-details\/","title":{"rendered":"Spot Ethereum ETFs See $515 Million Record Weekly Inflows \u2013 Details"},"content":{"rendered":"

The US-based spot Ethereum ETFs have continued to experience a high market interest following Donald Trump\u2019s emergence as the next US President.\u00a0As institutional investors continue to position themselves for a massive crypto bull run, these Ethereum ETFs have now registered over $500 million in weekly inflows for the first time since their trading debut in July. Meanwhile, the spot Bitcoin ETFs maintain a splendid performance, closing another week with over $1 billion in inflows.\n<\/p>\n

Spot Ethereum ETFs Notch Up $515M Inflows To Extend 3-Week Streak<\/strong><\/h2>\n

According to data from ETF aggregator site recording $295.48 million in investments on November 11.\u00a0<\/p>\n

Of the total market gains in the specified trading week, $287.06 million were directed to BlackRock\u2019s ETHA, allowing the billion-dollar ETF to strengthen its market grip with\u00a0 $1.72 billion in cumulative net inflow.<\/p>\n

Meanwhile, Fidelity\u2019s FETH remained a strong market favorite with $197.75 million in inflows, as its net assets climbed to $764.68 million.\u00a0Grayscale\u2019s ETH and Bitwise\u2019s ETHW also accounted for weighty investments valued at $78.19 million and $45.54 million, respectively.\u00a0<\/p>\n

Other ETFs<\/a> such as VanEck\u2019s ETHV, Invesco\u2019s QETH, and 21 Shares\u2019 CETH experienced some significant inflows but of no more than $3.5 million.\u00a0With no surprise, Grayscale\u2019s ETHE continues to bleed with $101.02 million recorded in outflows, albeit retains its position as the largest Ethereum ETF with $4.74 billion in AUM.\u00a0<\/p>\n

In general, the total net assets of the spot Ethereum ETFs also decreased by 1.2% to $9.15 billion representing 2.46% of the Ethereum market cap.<\/p>\n

Related Reading: Spot Bitcoin ETFs Draw Over $2 Billion Inflows As Ethereum ETFs Turn Green Again \u2013 Details<\/p>\n

Spot Bitcoin ETFs Remain Buoyant With $1.67B Inflows<\/strong><\/h2>\n

In other news, the spot Bitcoin ETFs market recorded $1.67 billion in the past week to continue its stunning performance of Q4 2024.\u00a0While the Bitcoin ETFs saw notable daily outflows of over $770 million at the week\u2019s end, earlier weighted inflows of $2.43 billion proved quite significant in maintaining the market\u2019s green momentum.\u00a0<\/p>\n

BlackRock\u2019s IBIT, which ranks as the market leader and the best-performing crypto spot ETF, now boasts over $29.28 billion in inflows and $42.89 billion in net assets.\u00a0 Meanwhile, the total net assets of the spot Bitcoin ETF returned to above $95 billion, capturing 5.27% of the Bitcoin market.<\/p>\n

At the time of writing, Bitcoin trades at $90,175 with Ethereum hovering around $3,097.<\/p>\n

\"Spot<\/p>\n","protected":false},"excerpt":{"rendered":"

The US-based spot Ethereum ETFs have continued to experience a high market interest following Donald Trump\u2019s emergence as the next US President.\u00a0As institutional investors continue to position themselves for a massive crypto bull run, these Ethereum ETFs have now registered over $500 million in weekly inflows for the first time since their trading debut in…<\/p>\n","protected":false},"author":1,"featured_media":1302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[243,102,104,105,687,496,498,499],"class_list":["post-1301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-blackrock","tag-ethereum","tag-ethusd","tag-ethusdt","tag-fidelity","tag-grayscale","tag-spot-bitcoin-etfs","tag-spot-ethereum-etfs"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/1301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=1301"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/1301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/1302"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=1301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=1301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=1301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}