Spot Ethereum in the US $2,634 exchange-traded funds (ETFs), initially spot Bitcoin 
$63,953 It has had a more difficult time than its ETFs. But the latest numbers point to a strong fourth quarter for these funds.
Cash Inflows into Spot Ethereum ETFs Increase
ETF Store President Nate Geraci stated that BlackRock’s iShares ETHA fund stood out with its assets exceeding $ 1 billion last week. ETHA ranked in the top 20 percent of best-performing funds. “BlackRock fund stands out and ETHA is in the top 20 percent,” Geraci commented. he said.
ETHA attracted net inflows of $95.5 million last week after commencing trading from the end of July. Fidelity’s FETH fund ranked second with a net inflow of $64.8 million.
Fidelity’s FETH fund has become the second-largest U.S. spot Ethereum fund, with $478.5 million in assets, compared to Bitwise’s ETHW fund.
Grayscale Creates Net Loss With Big Outflows
Considering all funds, it appears that Grayscale suffered a total net loss of $522.6 million due to a net outflow of $2.89 billion. This resulted in an overall loss in the industry.
Derivatives-Based ETFs Will Shake Up the Market
Although Bitcoin and Ethereum ETFs have performed well, derivatives-based products continue to feature more in the discussions. BlackRock’s IBIT fund has received approval from the U.S. Securities and Exchange Commission (SEC) for spot Bitcoin ETF options. Commenting on the development, Michael Saylor said, “This will accelerate institutional Bitcoin adoption.” he said.
Bloomberg’s senior ETF analyst Eric Balchunas stated that this development is a big gain for spot Bitcoin ETFs and will increase liquidity, and commented, “This is a big gain for spot Bitcoin ETFs.”
Additionally, leveraged funds recently approved by the SEC provide the opportunity to take long positions on BTC through MSTR, and these funds were in the 20 percent of ETFs in 2024 with $429 million in assets.
As a result, spot Ethereum ETFs are showing strong growth, while derivative-based products are expected to have a significant impact on the market. Although Grayscale’s big exits disrupt the balance in the sector, the performance of major players such as BlackRock and Fidelity gives positive signals.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
