Ethereum ETFs are experiencing a resurgence of interest following Election Day, attracting significant inflows after a challenging start since their launch in July. Cumulative net inflows for spot Ethereum ETFs flipped positive, reaching $238 million by Thursday, rebounding from a rocky debut that included $1.7 billion in outflows from the Grayscale Ethereum Trust. Analysts attribute the renewed optimism to a shift in the political landscape, noting potential pro-crypto policies under the new administration. Investors are increasingly attracted to Ethereum as price movements enhance interest in the ETFs, with Ethereum rising 41% post-election. Despite initial outflows overshadowing the launch, the performance of Ethereum ETFs is encouraging, indicating resilience in the face of volatility.

Source 🔗