Ethereum

Spot

Daily

<a href="https://thecoinrise.com/ether-etfs-outpace-bitcoin-funds-amid-court-victory-and-regulatory-optimism/">Spot Ether ETFs in the U.S. have experienced</a> their most significant single-day inflow since their launch, marking a critical moment in Ethereum’s journey within traditional finance. On December 5, nine spot Ether ETFs collectively received an inflow of $431.5 million, according to <a href="https://farside.co.uk/eth/">data</a> from Farside Investors and Tree News. 
This influx surpassed the previous record of $333 million set just a week earlier on November 29. 
<h2 id="span-style-font-weight-400-ether-etfs-hit-unprecedented-growth-span">Ether ETFs Hit Unprecedented Growth</h2> 
The inflows are part of a nine-day streak of positive momentum, with over $1.3 billion accumulated in the past two weeks. BlackRock’s iShares Ethereum Trust led the charge, drawing a staggering $295.7 million in a single day. The fund’s total inflow now sits at $2.3 billion, cementing its dominance in the market. 
Fidelity’s Ethereum Fund followed with $113.6 million, while smaller contributions came from Grayscale’s Ethereum Mini Trust ($30.7 million) and the Bitwise Ethereum ETF ($6.6 million). Grayscale’s Ethereum Trust, once a leader, faced an outflow of $15.1 million as the fund continues to lose market share to newer competitors. 
<h2 id="span-style-font-weight-400-bitcoin-etfs-maintain-momentum-span">Bitcoin ETFs Maintain Momentum</h2> 
Spot Bitcoin ETFs also showed robust activity, recording a combined net inflow of $747.8 million on the same day. BlackRock’s iShares Bitcoin Trust accounted for a remarkable $751.6 million of this figure, counteracting outflows of $148.8 million from Grayscale’s Bitcoin Trust. Over the past five trading days, BlackRock’s Bitcoin ETF has accumulated nearly $2.5 billion, pushing its total inflow since launch to an eye-popping $34 billion. 
Ether ETFs’ growing popularity coincides with <a href="https://thecoinrise.com/ethereum-price-to-cross-5k-inspiring-fomo-for-this-undervalued-rwa-altcoin-expected-to-rally-45000/">Ethereum’s recent market rally</a>. Spot ETH prices have risen 16% in the last two weeks, reaching an eight-month high of $3,946 on December 5, per CoinGecko data. Analysts suggest that Ethereum’s strength relative to Bitcoin, as measured by the ETH/BTC <a href="https://www.tradingview.com/symbols/ETHBTC/">ratio</a>, could continue to climb over the next six to 12 months. The ratio currently stands at 0.04, a 14.5% increase in just one month. 
With institutional interest at an all-time high and Ethereum <a href="https://cointelegraph.com/news/bitcoin-ether-ratio-strength-eth-price-crypto-analyst">outperforming</a> Bitcoin in recent weeks, these developments underscore growing confidence in the second-largest cryptocurrency. 
The post <a href="https://thecoinrise.com/spot-ether-etfs-see-record-431-5m-daily-inflow-as-ethereum-surges/">Spot Ether ETFs See Record $431.5M Daily Inflow as Ethereum Surges</a> appeared first on <a href="https://thecoinrise.com/">TheCoinrise.com</a>.

Spot Ether ETFs See Record $431.5M Daily Inflow as Ethereum Surges

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