In December, Ether (ETH) exchange-traded funds (ETFs) recorded net inflows exceeding $2.6 billion, reflecting a growing interest in these financial products.
As 2024 drew to a close, Ether (ETH) exchange-traded funds (ETFs) saw a remarkable eight consecutive weeks of net inflows, amassing a staggering $2.6 billion, as revealed by Farside investors. This impressive performance was driven by surging interest in these financial products, tracking closely behind Bitcoin (BTC) ETFs, which boasted over $35 billion in net inflows throughout the year, according to the data.
Moreover, Ether ETFs experienced a peak in the week of November 26, with a net inflow of $2.2 billion, as reported by CoinShares. These ETFs also saw a strong start to the year, boasting seven consecutive weeks of net inflows, as highlighted by Farside investors.
As the year progressed, Ether's spot price played a crucial role in boosting ETF returns, while regulatory changes also paved the way for these funds to earn yields from staking, presenting a potential scenario where Ether ETFs could dethrone Bitcoin ETFs in 2025.
notably, BlackRock's iShares Ethereum Trust led the sector with over $3.5 billion in 2024 net inflows, followed closely by the Fidelity Ethereum Fund with $1.5 billion. However, these gains were partially offset by Grayscale Ethereum Trust's net outflows of over $3.6 billion.
This scenario mirrored the performance of Bitcoin ETFs, with BlackRock's iShares Bitcoin Trust capturing approximately $37 billion in net inflows, while the Grayscale Bitcoin Trust experienced outflows of over $20 billion.
Industry experts anticipate that Ether ETFs could outpace Bitcoin ETFs in 2025, considering Ether's outperformance over Bitcoin in both spot and derivatives markets since November. This trend, coupled with increasing network activity fueled by the integration of artificial intelligence agents on Ethereum, is poised to enhance Ether's competitive edge in the coming year.
Asset manager VanEck projects Ether's spot price to reach $6,000 by late 2025, driven by its strong fundamentals and growing institutional adoption.
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