In 2024, Bitcoin and Ether ETFs experienced significant inflows, surpassing initial estimates. This article explores the current outcomes and the impact of retail and institutional investors on the market.
Bitcoin ETFs: Results and Prospects
In 2024, U.S. spot Bitcoin ETFs reached a staggering $35.66 billion in net inflows. The leader was BlackRock’s iShares Bitcoin Trust ETF with $37.31 billion. However, the year end saw outflows, particularly $188.7 million on December 24.
Ether ETFs: Strong Year-End Finish
Spot Ether ETFs closed the year with total inflows of $2.68 billion. Leading the pack were BlackRock’s iShares Ethereum Trust ETF and the Fidelity Ethereum Fund. Despite outflows from the Grayscale Ethereum Trust ETF, the overall volume nearly doubled.
Institutional Interest and Forecasts
According to Binance, 80% of demand for Bitcoin ETFs came from retail investors. Experts anticipate a significant increase in institutional investor participation by 2025, potentially leading to a notable price surge for Bitcoin and Ether.
The rise of spot crypto ETFs in 2024 highlights increasing interest from various investor types, emphasizing the importance of monitoring their development in emerging economic conditions.
