#US equity ETFs saw inflows exceeding $4.5 billion.#
Hot Topic Overview
Overview
U.S. equity ETF inflows remain red-hot, with Bitcoin spot ETFs seeing net inflows of $4.586 billion in December, while Ethereum spot ETFs saw net inflows of $2.1 billion. BlackRock's IBIT and ETHA led the way for Bitcoin and Ethereum spot ETFs, respectively, with net inflows exceeding $5.5 billion and $1.4 billion. Notably, Grayscale's GBTC and ETHE saw net outflows of $976 million and $274 million in December, while Grayscale's BTC and ETH saw net inflows of $110 million and $181 million, respectively. Overall, U.S. spot Bitcoin and Ethereum ETFs have performed exceptionally well in 2024, emerging as the most prominent category among the over 400 newly launched ETFs.
Ace Hot Topic Analysis
Analysis
U.S. stock 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 and Fidelity's FETH seeing inflows of $752 million. Notably, Grayscale Bitcoin Trust GBTC saw net outflows exceeding $20 billion in 2024, while Grayscale Ethereum Trust ETHE saw outflows of $274 million in 2024, indicating a decline in investor confidence in Grayscale products. Overall, the strong inflows into U.S. stock ETFs suggest investor optimism in the cryptocurrency market, particularly bullish sentiment towards Bitcoin and Ethereum.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
US stock ETF inflows continue to grow, especially for Bitcoin and Ethereum spot ETFs, which saw net inflows of over $4.5 billion and $2.1 billion in December, respectively.
BlackRock's Bitcoin spot ETF IBIT has seen over $37 billion in net inflows this year, far exceeding the $12 billion of Fidelity FBTC, the second-largest, making it the market leader.
Grayscale Bitcoin Trust GBTC saw over $20 billion in net outflows in 2024, while US Bitcoin ETFs saw a total net inflow of $35 billion, indicating investor preference for spot ETFs.
BlackRock's Ethereum spot ETF ETHA also leads the pack for Ethereum spot ETFs, with $3.5 billion in net inflows in 2024, followed by Fidelity FETH with $1.5 billion.