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Weekly Capital Inflows into Spot Ethereum ETFs Set New All-Time High

Dec 9, 2024 11:27

  • Between December 2 and 6, capital inflows into spot Ethereum ETFs totaled $837 million, setting a new all-time high. 
  • It reached the second-highest value among spot Bitcoin ETFs. 
  • Almost $10 billion has been poured into recent products since Donald Trump won the US presidential election.

From December 2 to December 6, 2024, net capital inflows into spot Ethereum ETFs in the US market totaled $836.69 million, according to SoSo Value . This is a new all-time high. 

As you can see, the situation in the sector improved significantly in November-December 2024. Before that, the weekly net capital inflow exceeded the $100 million mark only once - in early August 2024:

Capital inflows/outflows in the US sector of spot Ethereum ETFs by week. Source: SoSo Value. 
Capital inflows/outflows in the US sector of spot Ethereum ETFs by week. Source:SoSoValue. 
 
 

Note that these products closed the trading day on December 6, 2024, with a net daily capital inflow of $83.76 million. Five funds showed positive dynamics, two - negative.

Capital inflows/outflows in the US spot Ethereum ETF sector. Source: SoSo Value. 
Capital inflows/outflows in the US Ethereum Spot ETF sector. Source:SoSoValue. 

Spot Bitcoin ETFs saw their second-highest weekly inflows since their launch between December 2 and December 6, 2024, at $2.73 billion.

Capital inflows/outflows in the US spot Bitcoin ETF sector by week. Source: SoSo Value.
US Spot Bitcoin ETF Capital Inflows/Outflows by Week. Source:SoSoValue.
 
 

On December 6, $376.59 million was received into these products. The iShares Bitcoin Trust (IBIT) is in first place in terms of inflow. As a reminder, we previously reported that its volume of assets under management exceeded $50 billion in less than a year.

Capital inflows/outflows in the US spot bitcoin ETF sector. Source: SoSo Value. 
Capital inflows/outflows in the US spot bitcoin ETF sector. Source:SoSoValue. 

According to Bloomberg , nearly $10 billion has flowed into these products since Donald Trump's victory in the US presidential election, helping to boost assets under management for these funds to $113 billion.