New data shows that investors are investing in Ethereum (ETH) $3,440.9 It shows that spot exchange-traded funds (ETFs) reached a new record high in December. According to Crypto research platform SoSo Value, a total of $2,103,440,000 was inflowed into Ethereum spot ETFs last month.
Total Entries
This figure represents 81.5% of the total net inflows since the launch of the financial product. Monthly net inflows in December were nearly double the $1,077,760,000 in November.
Data shows that Fidelity Ethereum Fund (FETH) had the highest net inflows since its listing, at $1.58 billion. Grayscale Ethereum Mini Trust (ETH) ranks second with $601.04 million. Bitwise Ethereum ETF (ETHW) received $345.02 million, VanEck Ethereum Trust (ETHV) received $127.79 million, and Franklin Ethereum Trust (EZET) received $37.65 million.
The Rise of ETFs
Ethereum spot ETFs were launched in July and reached nearly $600 million in volume halfway through its first trading day. This rapidly growing interest reflects investor demand for digital asset classes. The Commission has begun reviews to further analyze whether the proposed rule change is consistent with existing securities laws.
The US Securities and Exchange Commission (SEC) has not yet approved Ethereum spot ETF options. In a statement made in November, it was stated that the decision was postponed to ensure that the proposed rule change was compatible with existing laws.
The recent increase in interest in Ethereum spot ETFs shows that digital assets are starting to gain a more important place in investment portfolios. Through such funds, investors gain easier access to Ethereum and can participate in market dynamics more effectively.
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.
