Ether ETF Market Booms: Massive $295.5 Million Inflows Mark New High for U.S. Ethereum ETFs
More than twice their previous record high of $106 million established on the funds’ inaugural day, U.S. spot Ethereum exchange-traded funds reported their greatest total daily net inflows of $295.5 million on Monday. According to data from SoSoValue, Fidelity’s ether ETF attracted $115.5 million, the largest inflow on Monday. With net inflows of $101.1 million, BlackRock’s ETHA came next. Bitwise’s ETHW saw $15.6 million come into the fund, while Grayscale’s Mini Ethereum Trust had $63.3 million in positive flows.
- Currently, the nine Ethereum ETFs have net assets of $9.7 billion, or roughly 2.4% of the whole Ethereum market capitalization.
- The total amount of net outflows was around $41.3 million.
Ethereum ETFs See Record $513M Inflows Following Trump’s Victory, Daily Volume Surges
The spot ether ETFs have seen net inflows of roughly $513 million in the four trading days since Donald Trump’s victory. The daily transaction volume of spot ether ETFs also increased significantly on Monday, reaching a record $912.9 million. This surpassed both the usual range of $100 million to $200 million and the volume of $469.1 million from the previous Friday.
The prospect of a more lenient regulatory approach has eased concerns, leading investors to bet on a more favorable environment for Ethereum and DeFi assets. If this sentiment continues, we could see sustained or increased inflows into Ethereum ETFs as institutional investors position themselves ahead of potential regulatory changes. If DeFi tokens continue to surge, it may drive further interest and inflows into Ethereum ETFs as a proxy for gaining exposure to the broader DeFi market.
Rachael Lucas, crypto analyst at BTCMarkets
According to Lucas, the increase in DeFi tokens like Aave, Uniswap, and Lido indicates that the market is more confident in the Ethereum ecosystem overall.
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