Ethereum exchange-traded funds (ETFs) in the United States have attracted new investors for six days. On Wednesday, the total amount of funds received was $146 million, with over $100 million coming into Fidelity’s FETH.
Despite these robust inflows, spot Ethereum ETF overall inflows have turned positive since last week’s Donald Trump election. Farside Investors data shows these ETFs have seen almost $800 million in inflows in the past six trading days.
This indicates that investors are pretty interested in these ETFs, given the bulk of the inflows occurred in the last three days, which are also the top three days for individual inflows since their introduction.
When they debuted at the end of July 2024, spot Ether ETFs didn’t exactly take off, unlike Bitcoin ETFs. Until early November, the total amount of money that was taken out was $500 million. But things have turned around in the past week, with over $240 million pouring into this investment package.
Will Spot Ethereum ETF Inflows Continue?
The broader market gain and the ETH price spike to $3,300 have coincided with recent investments into spot Ethereum ETFs. However, investors still don’t know if this trend will continue.
Regardless of these positive flows, institutional investors still favor Bitcoin exchange-traded funds. Ethereum ETFs have fallen behind and now account for just one-hundredth of the capital going into spot Bitcoin ETFs, despite BTC ETFs receiving a head start.
This could be the reason Bitcoin performs significantly better than altcoins. How much longer until ETH$3,211’s position improves? The future of Bitcoin and alternative cryptocurrencies is unclear, but it might worsen if the Trump administration enacts more Bitcoin-friendly legislation.
ETH Price Rally to $4,000?
With a brief stop for bulls at $3,300, the Ethereum price has soared after a 40% rise on the weekly chart after Donald Trump’s election. For the Ethereum price to advance further, the bulls must break over the $3,260 resistance level.
After the bulls clear this, market analysts anticipate that the price of ETH will soar above $5,500, setting a new record. It will be intriguing if Ethereum does not join the cryptocurrency rise that numerous analysts expect in 2025, which could reach $10,000.
In Summary
On Wednesday alone, $146 million poured into Ethereum ETFs in the US, with $100 million going into Fidelity’s FETH. This is just a tiny sample of the heightened interest in these funds recently. There has been a complete reversal of $500 million in outflows since its introduction in July 2024, with total inflows reaching roughly $800 million just last week. Ethereum’s price of $3,300 after Trump’s victory aligns with this trend. While predictions of price increases to $5,500 and beyond have experts excited, Ethereum exchange-traded funds (ETFs) have lagged behind Bitcoin ETFs in terms of overall capital inflows.
FAQs
How much has been invested in Ethereum ETFs recently?
Over the past six trading days, nearly $800 million has flowed into Ethereum ETFs, reversing previous outflows.
Which ETF saw significant inflows?
Fidelity’s FETH received over $100 million, contributing notably to the total inflows.
Do Ethereum ETFs outperform Bitcoin ETFs?
No, Bitcoin ETFs still attract significantly more capital, with Ethereum ETFs trailing behind in overall investment.
What price targets are analysts predicting for ETH?
Analysts believe ETH could surpass $5,500 if it breaks past the $3,260 resistance, with potential future highs of around $10,000 by 2025.
