Here is How Much Ether ETFs Have Raised Since U.S. Launch

The launch of spot Ether ETFs in the U.S. has triggered a significant $2.2 billion inflow, the largest since December 2022, with a 542% increase in ETH exchange-traded products, as reported by CoinShares.

Despite this, Grayscale’s Ethereum trust saw $285 million in net outflows.

Bitcoin also attracted $3.6 billion in inflows over the past month, reaching a year-to-date total of $19 billion, driven by U.S. election speculation and expectations of a Federal Reserve rate cut.

The digital asset market is growing, with assets under management hitting $99.1 billion and year-to-date inflows for 2024 reaching a record $20.5 billion.

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Trading volumes peaked in May in anticipation of Ether ETFs, with $14.8 billion in inflows during the week of July 22.

Grayscale’s Ethereum Trust ETF experienced over $1.5 billion in outflows by July 26, while its Ethereum Mini Trust ETH saw a net inflow of $44.9 million on the same day.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.