Nate Geraci, CEO of ETF Shop, highlighted that cryptocurrency-related exchange-traded funds (ETFs) led inflows in 2024, with the eight largest funds launched this year belonging to this sector.
The list includes four Bitcoin points (Bitcoin(ETFs, two Ethereum)Ethereum) ETFs, two Accurate strategy ETFs. The eight funds outperformed all 740 ETFs launched over the past 12 months.
Black Rock spot bitcoin etf, He will goIt ranked first with net positive flows exceeding $37 billion recorded in less than a year. As it became Best ETF debut in historywith approximately $53 billion in assets under management (AUM) accumulated in 11 months.
Sincerity spot bitcoin etf, FBTCcoming in second place with total inflows of $12.2 billion, while BlackRock’s Ethereum Spot ETF ETHA It ranks third with net positive flows of $3.5 billion.
This highlights the discrepancy between Bitcoin and Ethereum ETFs in terms of inflows, as inflows from the largest Ethereum ETF are 11 times lower than those from the largest Bitcoin fund.
The other two Bitcoin ETFs on the list are coffin 21 shares ARKB and Bitwise BetbWhich recorded inflows of $2.6 billion and $2.2 billion, respectively.
The first MicroStrategy-related ETF, YieldMax’s MSTY, recorded the eighth-largest net inflows, approaching $1.8 billion, followed by the second Ethereum ETF on the list – Fidelity. Conquest – which recorded just over $1.5 billion in net inflows.
Defiance’s MSTX rounds out the top eight as the second ETF tied to MicroStrategy, with inflows of $1.4 billion.
Just the beginning
Analysts are optimistic about the future of cryptocurrency ETFs in the US. Bitwise Estimates Bitcoin ETFs alone will attract $35 billion in inflows next year, surpassing $70 billion cumulatively in less than two years.
Meanwhile, Bloomberg ETF analysts Eric Balchunas and James Seyphart Expect a A wave of new cryptocurrency-related ETFs Next year. In addition to Gerasi I predicted recently The regulatory landscape is set to become more favorable for the sector in the coming months, making the approval of Solana (Sol) ETF in 2025, most likely.
according to Persian investors DataUS-based Bitcoin ETFs recorded inflows of $12.1 billion from November 6 to December 27, representing 34% of their year-to-date inflows.
The impact was more significant on Ethereum ETFs, which… registered $3.2 billion in inflows in the same period. The capital inflows were sufficient to reverse more than $500 million in net negative flows from these funds, which now total approximately $2.7 billion.