Ether ETFs closed December 2024 with an investment inflow exceeding $2.6 billion, setting records amid the popularity of Bitcoin ETFs.
Record investment inflow in Ether ETFs
In November and December, Ether ETFs showed eight consecutive weeks of net inflows, reaching a record-breaking $2.2 billion in the week of November 26, according to CoinShares. Despite this, Ether ETFs still lag behind Bitcoin ETFs, which reported over $35 billion in net inflows for 2024, according to Farside. Analysts predict a potential reversal in 2025, especially if spot ETH price performance enhances ETF returns and regulators allow yield generation through staking.
Leading funds and their performance
BlackRock’s iShares Ethereum Trust (ETHA) led with over $3.5 billion in net inflows for 2024. Fidelity Ethereum Fund (FETH) followed with $1.5 billion. This was offset by $3.6 billion in net outflows from Grayscale Ethereum Trust (ETHE), despite a reduced management fee of 1.5%. A similar dynamic was seen with Bitcoin ETFs, where BlackRock’s iShares Bitcoin Trust (IBIT) recorded approximately $37 billion in inflows against over $20 billion in outflows from Grayscale Bitcoin Trust (GBTC).
The future of Ether ETFs in 2025
Since November, ETH has outperformed BTC in crypto spot and derivatives markets. According to Bybit, this followed the biggest net outflows from Bitcoin ETFs recorded on December 19, 2024. Continued network activity growth and the application of artificial intelligence may further boost ETH performance in 2025. VanEck estimates Ether's spot price may reach $6,000 by the fourth quarter of 2025.
Ether ETFs continue to attract significant investment amid the popularity of Bitcoin ETFs. Attention to Ether ETFs is expected to grow in 2025, especially with improved regulatory conditions and enhanced ETH performance.
