Ethereum

United

Billion

<p>The investment products based on Ethereum recorded a net inflow of 634 million dollars last week, primarily due to American spot ETFs. As a result, Ethereum funds reached a new annual record of 2.2 billion dollars in net inflows, surpassing the peak of 2 billion dollars reached in 2021, to the delight of crypto investors.</p>
<h2 id="h-ethereum-investment-products-reach-an-annual-record-of-2-2-billion-dollars">Ethereum investment products reach an annual record of 2.2 billion dollars!</h2>
<p>The sentiment of investors towards Ethereum has experienced a “spectacular turnaround,” with net inflows reaching 2.2 billion dollars since the beginning of the year, surpassing the previous record from 2021. For the first time, Ethereum <a href="https://www.cointribune.com/en/bitcoin-loses-ground-ethereum-on-its-way-to-the-top/" target="_blank" rel="noopener noreferrer nofollow">has outperformed Bitcoin</a> in terms of inflows at these high levels. The performance of Ethereum reflects a resurgence of interest from crypto investors, with a monthly gain of 47.15%, nearing its ETF announcement peak of 4,095 dollars.</p>
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<p><a href="https://coinshares.com/corp/resources/market-activity/fund-flows-2-12-24/" target="_blank" rel="noopener noreferrer nofollow">This remarkable performance</a> is largely due to the increase in Ethereum ETFs in the United States, which added 466.5 million dollars during a shortened trading week due to Thanksgiving holidays. Since their launch in July, these crypto products have attracted over 1.1 billion dollars in net inflows, despite a slow start.</p>
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<h2 id="h-donald-trump-the-savior-of-the-crypto-market">Donald Trump, the savior of the crypto market?</h2>
<p>Analysts at Bernstein pointed out that the likely approval of staking returns on these products by a crypto-friendly SEC under the “Trump 2.0” administration also contributed to this positive momentum. The global cryptocurrency market has increased by 72% since the American election, reaching a market capitalization of 3 trillion dollars, outpacing the growth of Bitcoin and <a href="https://www.cointribune.com/ethereum/" target="_blank" rel="noopener noreferrer nofollow">ETH</a>, suggesting the first signs of an altseason.</p>
<p>In summary, the year 2024 marks a turning point for Ethereum investment products with <a href="https://www.cointribune.com/en/why-is-ethereum-dominating-etfs-this-week/" target="_blank" rel="noopener noreferrer nofollow">record inflows</a> and renewed investor interest. This momentum could well herald a new era for cryptocurrencies, with Ethereum leading the way, even surpassing Bitcoin in terms of inflows.</p>

2.2 Billion For Ethereum, A Yearly Record Driven By ETF

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