Total net inflows into the Ether (ETH) exchange-traded fund (ETF) exceeded $2.6 billion in December as the fund gained momentum against the wildly popular Bitcoin (BTC) ETF, according to data from Farside Investors. Ta.
In November and December, the Ether ETF posted eight consecutive weeks of net inflows, with a record $2.2 billion in inflows during the week of November 26th. According to To data from CoinShares.
It still trails the BTC ETF, which ended 2024 with more than $35 billion in net inflows, according to Pharcyde.
Analysts say this could reverse in 2025, especially if ETH's price performance boosts ETF returns and regulators allow funds to generate yield from staking.
sauce: far side investor
Related: US Ether ETF staking may start soon: Bernstein
top ether funds
BlackRock's iShares Ethereum Trust (ETHA) led its peers, with net inflows exceeding $3.5 billion in 2024, Farside said. Fidelity Ethereum Fund (FETH) came in second with $1.5 billion in net inflows.
This was partially offset by more than $3.6 billion in net outflows from the Grayscale Ethereum Trust (ETHE), which the asset manager originally launched as a private trust in 2017.
Grayscale's ETHE charges a 1.5% management fee. In July, the asset manager listed the Grayscale Ethereum Mini Trust as a cheaper alternative.
Bitcoin ETFs showed similar movement, with BlackRock's iShares Bitcoin Trust (IBIT) posting approximately $37 billion in net inflows in 2024, while Grayscale Bitcoin Trust Net outflows from (GBTC) exceeded $20 billion.
Will it outperform Bitcoin ETFs in 2025?
According to a December report from crypto exchange Bybit, ETH has outperformed BTC in the crypto spot and derivatives markets since November. Meanwhile, Bitcoin ETFs recorded their largest-ever net outflow on December 19th.
Sustained growth in network activity, including the proliferation of artificially intelligent agents, could further boost Ether's performance, which has lagged behind rival Layer 1 network Solana, by 2024, Bitwise said. Matt Hogan, head of research, told Cointelegraph.
Hogan told Cointelegraph in a December 19 interview that Ethereum and Base, Ethereum’s Layer 2 scaling network, is “where a lot of the AI agents are running right now.”
Asset manager VanEck expects the spot price of Ether to reach $6,000 by the fourth quarter of 2025.
magazine: 5 Real Uses for Useless Meme Coins
