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The Daily Hodl 2025-01-03 17:55:27

Ethereum Spot ETF Inflows Hit a Record Monthly High of $2,103,440,000 in December

New data shows that the amount of funds that investors pour into Ethereum ( ETH ) spot exchange-traded funds (ETF) hit a new high in December. According to crypto research platform SoSo Value , the total inflow for Ethereum spot ETF reached $2.10344 billion last month. The number represents 81.5% of the $2.58 billion of the cumulative total net inflow since the financial product launched. The monthly net inflow into Ethereum spot ETFs in December is also nearly twice the $1.07776 billion recorded in November. The data also shows that the Fidelity Ethereum Fund (FETH) currently has the highest net inflow since its listing, with $1.58 billion. Grayscale Ethereum Mini Trust (ETH) is next with $601.04 million, followed by Bitwise Ethereum ETF(ETHW) with $345.02 million, VanEck Ethereum Trust (ETHV) with $127.79 million and the Franklin Ethereum Trust (EZET) with $37.65 million. Ethereum spot ETFs went live in July reaching nearly $600 million in volume halfway through its first trading day. The U.S. Securities and Exchange Commission (SEC) is yet to greenlight Ethereum spot market exchange-traded fund options, announcing in November that it will be delaying its decision to ensure that the proposed rule change complies with current securities law. “ The Commission is instituting proceedings to allow for additional analysis of the proposed rule change’s consistency with [the law].” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Ethereum Spot ETF Inflows Hit a Record Monthly High of $2,103,440,000 in December appeared first on The Daily Hodl .

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