Ethereum spot ETFs are witnessing a surge in institutional interest, with a significant $145 million net inflow recorded on December 17, signaling rising trust in Ethereum-backed financial instruments.
Leading the inflows was BlackRock’s ETHA ETF, which saw $135 million in new investments, bringing its total net inflows to $3.365 billion. Grayscale’s ETH ETF also contributed with a $4.45 million inflow, increasing its cumulative net inflow to $616 million.
Grayscale’s ETHE ETF remains the dominant player in the market, with $5.72 billion in total net assets. Despite no new inflows on December 17, it continues to maintain a cumulative net outflow of $3.517 billion.
Currently, Ethereum spot ETFs hold a combined net asset value of $14.04 billion, or 2.96% of Ethereum’s total market capitalization of $461.51 billion. Institutional involvement in Ethereum continues to rise, with total net inflows across all Ethereum spot ETFs surpassing $2.46 billion.
As Ethereum solidifies its role in the digital asset landscape, these continuous inflows reflect growing investor confidence in its technology and expanding ecosystem.
Related Topics: