CryptoETHInstitutional Interest in Ethereum Grows as Spot ETFs See $145 Million Inflow

Institutional Interest in Ethereum Grows as Spot ETFs See $145 Million Inflow

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.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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