On Wednesday, U.S. Ether ETFs marked their first year of trading amid record inflows, bringing relief to market participants.
Annual Results and Inflows
Since their inception a year ago, the U.S. Ether ETFs have attracted approximately $8.69 billion in net inflows, achieving $16.57 billion in assets under management. In the last 14 trading days, an unprecedented flow streak has occurred, amounting to around $3.9 billion.
On their anniversary, the ETFs recorded their seventh-largest inflow day ever, totaling $332.2 million.
Major Market Participants
Key players such as BlackRock, Fidelity, and Grayscale have contributed to significant inflows into their funds. BlackRock's ETF, the iShares Ethereum Trust, has emerged as the leader in net flows, rising by $8.9 billion. In contrast, the Grayscale Ethereum Trust is experiencing nearly $4.3 billion in outflows as it attracts fewer investments.
Plans for Staking Addition
News has emerged that ETF issuers are working on introducing staking capabilities, which could provide rewards for locking assets. Analysts expect the SEC may approve staking ETFs as early as this month.
Ether ETFs are witnessing substantial growth and investor interest after one year of trading. Plans to introduce staking could open a new chapter in their development.
