Ethereum

Franklin

Bitcoin

<ul class="wp-block-list">
 <li>13 of 25 top ETFs in 2024 link to Bitcoin or Ethereum, highlighting crypto's growing appeal in traditional finance.</li>  
 <li>BlackRock's IBIT leads with $21.53B inflows, dominating the newly launched ETFs focused on cryptocurrency.</li>  
 <li>Franklin Templeton eyes SEC approval for a new ETF tracking Bitcoin and Ethereum, aiming for indirect crypto exposure.</li> 
</ul>  
<p>The newly launched products of the exchange-traded funds show that 13 of the 25 most profitable ones are linked to Bitcoin and Ethereum indirectly or directly in 2024.&nbsp;</p>  
<p>Co-founder of the ETF Institute, Nate Geraci, provided a detailed breakdown of these digital asset ETFs and pointed to the clear industry monopoly of such products. This count even extends to 14, considering the inclusion of the MSTR Option Strategy ETF, known for its partial exposure to cryptocurrencies.</p>  
<p>The dominance of crypto-related ETFs is an undeniable testament to the increasing investor appetite for digital assets, despite earlier skepticism regarding their demand. BlackRock's iShares Bitcoin Trust ETF (IBIT) has emerged as a leader with $21.53 billion in year-to-date inflows.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/Matt_Hougan/status/1842010668662456571
 </div>
</figure>  
<p>This ETF is closely followed by Fidelity’s Wise Origin Bitcoin Fund (FBTC) with $9.48 billion, and ARK Invest’s collaboration with 21shares on the ARKB, which amassed $2.36 billion in inflows.</p>  
<h2 class="wp-block-heading" id="h-performance-and-trends-in-crypto-etfs"><strong>Performance and Trends in Crypto ETFs</strong></h2>  
<p>While <a href="https://cryptonewsland.com/bitcoin-etfs-switch-to-buying-boosting-market-optimism-for-q4-2024/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin-related ETFs </a>have seen substantial inflows, their Ethereum counterparts are also marking their presence known in the industry. The iShares Ethereum Trust ETF (ETHA) leads among Ethereum ETFs with $1.15 billion in year-to-date inflows.</p>  
<p>Following closely is Fidelity’s Ethereum Fund ETF (FETH), which has garnered $453.66 million. The data underscores a robust interest in Ethereum-related investment products, though they trail the inflow volumes seen by their Bitcoin-focused counterparts.</p>  
<p>Additionally, the introduction of these ETFs has significantly influenced the total managed <a href="https://cryptonewsland.com/bitwise-submits-new-etf-application-after-recent-xrp-etf-filing/" target="_blank" rel="noopener noreferrer nofollow">crypto assets</a>, with 12 U.S. spot Bitcoin ETFs collectively attracting approximately $18.47 billion in net inflows since the beginning of the year. In contrast, nine U.S. spot Ether funds have experienced a total outflow of $561.05 million, reflecting a more cautious investor approach towards Ether amidst varying market conditions.</p>  
<h2 class="wp-block-heading" id="h-emerging-developments-in-the-etf-landscape"><strong>Emerging Developments in the ETF Landscape</strong></h2>  
<p>Due to high interest from investors seeking diversified crypto investments, Franklin Templeton investment firm has sought SEC permission to list a Bitcoin and Ethereum Index ETF.&nbsp;</p>  
<p>This proposed ETF is supposed to track an index that captures the price changes of both bitcoins and Ethereum on a daily basis, which will allow investors to speculate on these two biggest cryptocurrencies without investing in the actual tokens directly.</p> 
<p>The post <a href="https://cryptonewsland.com/bitcoin-and-ethereum-dominate-new-etf-launches-occupying-13-of-the-top-25-spots/" rel="noopener noreferrer nofollow">Bitcoin and Ethereum Dominate New ETF Launches, Occupying 13 of the Top 25 Spots&nbsp;</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitcoin and Ethereum Dominate New ETF Launches, Occupying 13 of the Top 25 Spots

Table of Contents

Crypto News Land

Other articles published on Oct 5, 2024

Why Experts Say XRP Is a Game Changer And Number 1 Cryptocurrency?

Vana Secures $25M in Funding to Overcome AI Data Wall

4 Things You Need To Know Before Signing Up On The WallitIQ (WLTQ) Presale Whitelist

CATS Airdrop Listing Date Announced on Major Exchanges

Coinpedia Fintech News

Popcat leads weekly gains with a 35% surge, open interest up 344%

Join our free newsletter for daily crypto updates!