
{"id":21192,"date":"2024-11-17T20:00:05","date_gmt":"2024-11-17T20:00:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=21192"},"modified":"2024-11-17T20:00:05","modified_gmt":"2024-11-17T20:00:05","slug":"spot-ethereum-etfs-see-515-million-record-weekly-inflows-details","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=21192","title":{"rendered":"Spot Ethereum ETFs See $515 Million Record Weekly Inflows \u2013 Details"},"content":{"rendered":"<p>The US-based spot Ethereum ETFs have continued to experience a high market interest following Donald Trump\u2019s emergence as the next US President.\u00a0As institutional investors continue to position themselves for a massive crypto bull run, these Ethereum ETFs have now registered over $500 million in weekly inflows for the first time since their trading debut in July. Meanwhile, the spot Bitcoin ETFs maintain a splendid performance, closing another week with over $1 billion in inflows.\n<\/p>\n<h2><strong>Spot Ethereum ETFs Notch Up $515M Inflows To Extend 3-Week Streak<\/strong><\/h2>\n<p>According to data from ETF aggregator site <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\" target=\"_blank\" rel=\"noopener\">SoSoValue<\/a>, the spot Ethereum ETFs attracted $515.17 million between November 9-November 15 to establish a new record weekly inflows, as they achieved a 3-week positive inflow streak for the first time ever.\u00a0 During this period, these funds also registered their largest daily inflows ever,<a href=\"https:\/\/www.newsbtc.com\/ethereum-news\/ethereum-spot-etfs-attract-record-295-million-daily-inflows-is-eth-set-for-new-highs\/\" target=\"_blank\" rel=\"noopener\"> recording $295.48 million<\/a> in investments on November 11.\u00a0<\/p>\n<p>Of the total market gains in the specified trading week, $287.06 million were directed to BlackRock\u2019s ETHA, allowing the billion-dollar ETF to strengthen its market grip with\u00a0 $1.72 billion in cumulative net inflow.<\/p>\n<p>Meanwhile, Fidelity\u2019s FETH remained a strong market favorite with $197.75 million in inflows, as its net assets climbed to $764.68 million.\u00a0Grayscale\u2019s ETH and Bitwise\u2019s ETHW also accounted for weighty investments valued at $78.19 million and $45.54 million, respectively.\u00a0<\/p>\n<p>Other <a href=\"https:\/\/coinlen.com\/what-is-an-exchange-traded-fund-etf\/\">ETFs<\/a> such as VanEck\u2019s ETHV, Invesco\u2019s QETH, and 21 Shares\u2019 CETH experienced some significant inflows but of no more than $3.5 million.\u00a0With no surprise, Grayscale\u2019s ETHE continues to bleed with $101.02 million recorded in outflows, albeit retains its position as the largest Ethereum ETF with $4.74 billion in AUM.\u00a0<\/p>\n<p>In general, the total net assets of the spot Ethereum ETFs also decreased by 1.2% to $9.15 billion representing 2.46% of the Ethereum market cap.<\/p>\n<p>Related Reading: <a href=\"https:\/\/www.newsbtc.com\/news\/bitcoin\/spot-bitcoin-etfs-draw-over-2-billion-inflows-as-ethereum-etfs-turn-green-again-details\/\" target=\"_blank\" rel=\"noopener\">Spot Bitcoin ETFs Draw Over $2 Billion Inflows As Ethereum ETFs Turn Green Again \u2013 Details<\/a><\/p>\n<h2><strong>Spot Bitcoin ETFs Remain Buoyant With $1.67B Inflows<\/strong><\/h2>\n<p>In other news, the spot Bitcoin ETFs market recorded $1.67 billion in the past week to continue its stunning performance of Q4 2024.\u00a0While the Bitcoin ETFs saw notable daily outflows of over $770 million at the week\u2019s end, earlier weighted inflows of $2.43 billion proved quite significant in maintaining the market\u2019s green momentum.\u00a0<\/p>\n<p>BlackRock\u2019s IBIT, which ranks as the market leader and the best-performing crypto spot ETF, now boasts over $29.28 billion in inflows and $42.89 billion in net assets.\u00a0 Meanwhile, the total net assets of the spot Bitcoin ETF returned to above $95 billion, capturing 5.27% of the Bitcoin market.<\/p>\n<p>At the time of writing, Bitcoin trades at $90,175 with Ethereum hovering around $3,097.<\/p>","protected":false},"excerpt":{"rendered":"<p>The US-based spot Ethereum ETFs have continued to experience a high market interest following Donald Trump\u2019s emergence as the next US President.\u00a0As institutional investors continue to position themselves for a massive crypto bull run, these Ethereum ETFs have now registered over $500 million in weekly inflows for the first time since their trading debut in [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":21193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-21192","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21192"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21192"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/21192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/21193"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}