#US equity ETFs saw inflows exceeding $4.5 billion.#

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Overview

U.S. equity ETF inflows remain hot, with $4.586 billion in net inflows for U.S. Bitcoin spot ETFs and $2.1 billion for Ethereum spot ETFs in December. BlackRock's IBIT and ETHA led the way for Bitcoin and Ethereum spot ETFs, respectively, with net inflows of $5.53 billion and $1.432 billion. Notably, Grayscale's GBTC and ETHE saw net outflows of $976 million and $274 million in December. Overall, U.S. spot Bitcoin and Ethereum ETFs have performed brightly in 2024, attracting significant capital inflows and becoming a focal point in the market.

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Analysis

U.S. equity ETFs saw inflows exceeding $4.5 billion, primarily concentrated in Bitcoin and Ethereum spot ETFs. In December, U.S. Bitcoin spot ETFs saw net inflows of $4.586 billion, with BlackRock's IBIT seeing net inflows of $5.53 billion, Fidelity's FBTC seeing inflows of $267 million, and Grayscale seeing outflows of $866 million. In December, U.S. Ethereum spot ETFs saw net inflows of $2.1 billion, marking its best month, with BlackRock's ETHA seeing net inflows of $1.432 billion, Fidelity's FETH seeing inflows of $752 million. Additionally, Bitwise BITB saw net inflows of $8.7 million yesterday, Fidelity FBTC saw net inflows of $36.8115 million for the day, and Grayscale GBTC saw net outflows of $9.6325 million for the day. On the Ethereum side, Fidelity FETH saw net inflows of $31.7719 million for the day, Grayscale ETH saw net inflows of $9.7675 million for the day, and Grayscale ETHE saw net outflows of $5.6070 million for the day. Overall, Bitcoin and Ethereum spot ETFs performed strongly in December, with investor interest in cryptocurrencies remaining high.

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Classic Views

US stock ETF inflows continue to grow, especially spot Bitcoin and Ethereum ETFs are performing brightly.

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BlackRock's spot Bitcoin ETF IBIT has seen net inflows of over $37 billion this year, far exceeding other ETFs.

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In December, the US spot Bitcoin ETF saw net inflows of $4.586 billion, while the spot Ethereum ETF saw net inflows of $2 billion, both setting new historical highs.

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Fidelity's spot Bitcoin ETF FBTC and spot Ethereum ETF FETH both ranked first in terms of daily net inflows, performing brightly.

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