Last Friday, Ethereum ETFs recorded their largest single-day inflow since launching in July—an incredible $332.9 million in net inflows!
Ethereum ETFs break records
The month of November was particularly successful for Ethereum (ETH) and spot exchange-traded funds (ETFs) in the United States. The funds collectively recorded record inflows and trading volumes, pushing the digital currency’s price up to $3,675.
According to data from blockchain analytics platform SoSoValue, the ETFs recorded capital inflows of over $1 billion in just 20 trading days. Total trading volume reached an impressive height of $9.75 billion, while net assets under management rose to $11.04 billion.
BlackRock’s iShares Ethereum Trust (ETHA) and Fidelity Ethereum Fund (FETH) were the driving forces behind this growth, setting a new daily record on Friday, November 29, with an inflow of $332 million.
Ethereum fan Trump
In addition to market developments, the political climate also has a positive impact on the performance of Ethereum ETFs. The recent election of Donald Trump as President of the United States is seen as a turning point for the crypto market. Trump has announced that he will introduce tax breaks for crypto profits and is committed to a friendlier regulatory environment. In addition, he himself seems to have an interest in Ethereum: he owns 973 ETH worth $3.5 million.
Fireworks in ETH Open Interest
The Ethereum spectacle is also playing out on other levels. ETH’s open interest (OI) reached a record high of $16.8 billion, up 19% in just 24 hours. This increase in derivatives positions indicates increasing market activity and speculation.
However, analysts warn of possible price fluctuations that are typical for such investments. The positive funding rates indicate that many investors are speculating on further price increases, but this also increases the risk of liquidations, so-called squeezes. Such situations can lead to sudden and unexpected price changes on the market.Ethereum ETFs Hit a Historic Milestone .
Last Friday, Ethereum ETFs recorded their largest single-day inflow since launching in July—an incredible $332.9 million in net inflows!
For the first time ever, Ethereum ETF inflows surpassed Bitcoin ETF inflows, which stood at $320 million. This is a massive milestone for Ethereum and a testament to the growing institutional interest in ETH.
Breaking Down the Numbers
💰 Ethereum ETF Inflows (Friday):
– BlackRock ETHA: $250.4 million 🥇
– Fidelity FETH: $79.1 million 🥈
– Grayscale ETH: $3.4 million 🥉
All other funds? No inflows or outflows.
This historic inflow comes on the heels of Ethereum’s jaw-dropping 47.56% price rally over the past month. For traditional investors, gains like these are eye-opening, to say the least!
Ethereum ETFs’ Total Holdings
The recent surge has pushed Ethereum ETF holdings to a record-breaking $11.04 billion.
Here’s the leaderboard:
1️⃣ Grayscale ETHE: $5.37 billion
2️⃣ BlackRock ETHA: $2.50 billion
3️⃣ Grayscale ETH: $1.54 billion
4️⃣ Fidelity FETH: $952.33 million
(Quick note: Grayscale’s ETHE recently transitioned from a trust to an ETF, starting with ~$9.2 billion in assets.)
Why This Matters
This is more than just numbers—it’s a signal that institutional investors are increasingly embracing Ethereum. Whether it’s due to its robust price performance, adoption in DeFi, or the allure of staking rewards, Ethereum is finally stepping into the spotlight.
