#ETH ETF Continuous Inflows#
Hot Topic Overview
Overview
Last week (December 23-27, 2024), ETH ETFs saw net inflows for four consecutive trading days, totaling $349.3 million. In contrast, BTC ETFs saw outflows for three of the four trading days, with a total inflow of $377.6 million. Notably, BlackRock's iShares Bitcoin Trust (IBIT) experienced its largest outflow since its launch this week (-$188.7 million). This suggests that investor enthusiasm for ETH remains high, while investment in BTC has cooled somewhat.
Ace Hot Topic Analysis
Analysis
Recently, ETH ETFs have continued to attract capital inflows. In the past four trading days, ETH ETFs have seen net inflows, with three days even seeing no outflows at all. This stands in stark contrast to the performance of BTC ETFs during the same period, which saw outflows on three of the four trading days. Notably, BlackRock's IBIT saw its largest outflow since its launch this week, with a staggering $188.7 million flowing out. This suggests that investors may have more confidence in ETH than BTC, potentially due to the potential ETH holds for future development, such as its applications in DeFi and NFTs, and the upcoming Ethereum upgrade.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
ETH ETF continues to see inflows, indicating investor confidence in Ethereum.
BTC ETF saw outflows on some trading days, especially BlackRock's IBIT, which experienced its largest outflow since launch, possibly due to market sentiment fluctuations.
ETH ETF inflows exceeded BTC ETF inflows, highlighting investor preference for Ethereum.
ETH ETF inflows are stable, indicating long-term investment confidence in Ethereum.