The latest data reveals a significant surge in investments flowing into Ethereum (ETH) spot exchange-traded funds (ETF) during the month of December. According to SoSo Value, a prominent crypto research platform, the total inflow for Ethereum spot ETFs reached an impressive $2.10344 billion last month.
This figure represents a substantial 81.5% of the cumulative total net inflow since the inception of these financial products. The monthly net inflow for Ethereum spot ETFs in December nearly doubled compared to November, with a recorded total of $1.07776 billion.
Among the various Ethereum spot ETFs, the Fidelity Ethereum Fund (FETH) stands out with the highest net inflow since its listing, amounting to $1.58 billion. Following closely behind is the Grayscale Ethereum Mini Trust (ETH) with $601.04 million, the Bitwise Ethereum ETF (ETHW) with $345.02 million, the VanEck Ethereum Trust (ETHV) with $127.79 million, and the Franklin Ethereum Trust (EZET) with $37.65 million.
The launch of Ethereum spot ETFs in July saw a significant uptick in trading volume, reaching nearly $600 million halfway through the first trading day. However, the U.S. Securities and Exchange Commission (SEC) has yet to approve Ethereum spot market exchange-traded fund options. In November, the SEC announced a delay in its decision to ensure compliance with existing securities laws, stating, “The Commission is instituting proceedings to allow for additional analysis of the proposed rule change’s consistency with [the law].”
As investors continue to flock towards Ethereum spot ETFs, the market shows no signs of slowing down. With increasing interest and inflows, the future of Ethereum investments remains a topic of keen interest for both traders and regulators alike.
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