Crypto ETFs Dominate 2024 in the U.S. with Record Inflows
03.09.2024 9:00 2 min. read Alexander Stefanov
Crypto ETFs have made a significant impact in 2024, with 13 out of the 25 largest ETF launches, based on year-to-date inflows, being crypto-related.
Among the roughly 400 ETFs introduced this year, the top four by inflows have all been spot Bitcoin ETFs. BlackRock’s iShares Bitcoin Trust (IBIT) leads the pack, attracting close to $21 billion in inflows so far. Fidelity’s Wise Origin Bitcoin Fund (FBTC) follows with nearly $10 billion, while ARK 21Shares Bitcoin ETF (ARKB) and Bitwise Bitcoin ETF Trust (BITB) each brought in around $2 billion.
*13* of top 25 ETF launches this yr are either bitcoin or ether related…
Out of approx 400 new ETFs.
Top 4 ETFs all spot btc. pic.twitter.com/gIkAiIM1jZ
— Nate Geraci (@NateGeraci) September 2, 2024
Ranking seventh, the iShares Ethereum Trust ETF (ETHA) is the top performer among Ethereum ETFs, surpassing $1 billion in inflows. Data from Morningstar, a fund research firm, indicates that ETHA crossed the $1 billion threshold in August.
Together, spot Bitcoin and Ethereum ETFs have accumulated over $60 billion in assets, according to Morningstar.
Grayscale Investments expects the crypto ETF market to grow, expanding into new digital assets and diversified crypto indexes. Dave LaValle, Grayscale’s global head of ETFs, mentioned on August 12 that more single-asset products and diversified offerings are on the horizon.
Several other proposed crypto ETFs are awaiting regulatory approval, including Solana ETFs and diversified crypto index funds like the Hashdex Nasdaq Crypto Index ETF.
LaValle highlighted the rapid adoption of these products, noting that net inflows into spot crypto ETFs in 2024 have surpassed three times the largest annual inflow for any ETF in history.
-
1
27,750 BTC Exit Binance in Historic Outflow Event
25.04.2025 21:00 2 min. read -
2
Peter Brandt Dismisses Bitcoin Breakout, Says Trend Not Yet Reversed
16.04.2025 17:00 2 min. read -
3
Bitcoin Breaking Out? Analysts Say the Downtrend’s Cracking
18.04.2025 17:00 2 min. read -
4
Bitcoin ETFs Bounce Back With Largest Inflows in Nearly Three Months
22.04.2025 16:00 2 min. read -
5
Is It Time for Elon Musk to Bring Back Bitcoin Payments?
30.04.2025 13:00 2 min. read
Bitcoin Price Prediction: BTC Could Rally to $125K as Traders Join the Rally
Bitcoin (BTC) has finally made it back to the $100,000 level after months of steep declines. In the past month, the top crypto has produced gains of nearly 22%. As a result, BTC has now swung to positive territory on a year-to-date basis with accumulated gains of 10.8%. One metric in particular shows how excited […]
XRP ETF Rumors Swirl Around BlackRock, But Legal Risks Keep It on Hold
Fresh speculation is heating up around the possibility of BlackRock entering the XRP ETF arena — but so far, it’s just that: speculation.
Ethereum ETFs See Fresh Inflows as ETH Price Rallies Nearly 50% in a Week
Ethereum-linked exchange-traded funds are drawing renewed investor interest as capital flows back into the market alongside a powerful price surge for the asset itself.
Bitcoin Miners Reverse Course, Shift from Selling to Strategic Accumulation
Bitcoin miners appear to be reloading their reserves after a lengthy period of offloading their holdings.
-
1
27,750 BTC Exit Binance in Historic Outflow Event
25.04.2025 21:00 2 min. read -
2
Peter Brandt Dismisses Bitcoin Breakout, Says Trend Not Yet Reversed
16.04.2025 17:00 2 min. read -
3
Bitcoin Breaking Out? Analysts Say the Downtrend’s Cracking
18.04.2025 17:00 2 min. read -
4
Bitcoin ETFs Bounce Back With Largest Inflows in Nearly Three Months
22.04.2025 16:00 2 min. read -
5
Is It Time for Elon Musk to Bring Back Bitcoin Payments?
30.04.2025 13:00 2 min. read