In December, Ether exchange-traded funds (ETFs) experienced total net inflows of over $2.6 billion, highlighting their growing popularity compared to Bitcoin ETFs. Notably, Ether ETFs recorded a remarkable $2.2 billion in inflows during the week of Nov. 26, as reported by Farside investors. Although Ether ETFs are gaining traction, they remain behind Bitcoin ETFs, which finished 2024 with upwards of $35 billion in net inflows. The BlackRock iShares Ethereum Trust led the Ether fund market with more than $3.5 billion in net inflows, while the Fidelity Ethereum Fund followed with $1.5 billion. Conversely, Grayscale Ethereum Trust faced net outflows exceeding $3.6 billion. Analysts believe that if Ether's price performance improves, it could enhance ETF returns, especially with potential regulatory approvals for staking-related yield generation. The Ethereum network is witnessing growth in activity, influenced by the increasing prevalence of artificial intelligence applications.

Source 🔗