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Ethereum ETFs inflows surge as Bitcoin ETFs see major outflows

  • Ethereum ETFs are experiencing significant inflows, surpassing outflows in Bitcoin ETFs.
  • On December 23, 2024, Ethereum ETFs received a net inflow of $130.8 million, with BlackRock's iShares Ethereum Trust (ETHA) ETF leading with $89.50 million.
  • This trend suggests the possibility of an altcoin season, with investors diversifying their portfolios beyond Bitcoin.
  • Possible reasons for this shift include Ethereum's growing ecosystem in DeFi and NFTs, as well as perceived favorable regulatory environment.

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