Ethereum Spot ETF Sees $2 Billion Inflows in December Alone… "Growing Interest in the Ecosystem"
YM Lee
Summary
- Last December, the inflow of Ethereum spot ETFs exceeded $2 billion.
- Nine Ethereum spot ETFs recorded a net inflow nearly double that of November.
- Interest in the Ethereum ecosystem, decentralized finance, and artificial intelligence applications is increasing, leading to higher fund inflows.
Last December, the monthly inflow of Ethereum (ETH) spot exchange-traded funds (ETFs) surpassed $2 billion.
On the 2nd (local time), cryptocurrency-focused media The Block, citing SoSoValue data, reported that "nine Ethereum spot ETFs recorded a net inflow of $2.08 billion last month, nearly double the net inflow of November."
According to the data, approximately $1.4 billion flowed into BlackRock's ETHA Fund alone, with a consecutive net inflow record of 13 days.
Nick Luck, Director of LVRG Research, explained, "As interest in the Ethereum ecosystem, decentralized finance (DeFi), and artificial intelligence (AI) applications increases, the inflow of funds into spot ETFs is also rising."
YM Lee
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