TLDR
- Ethereum ETFs gained $96.67M in net inflows on Nov 24 amid a strong market rebound.
- BlackRock’s ETHA led with $92.61M inflow and now holds $10.75B in net assets.
- Total Ethereum ETF net assets reached $18.44B, or 5.14% of ETH’s market cap.
- Ethereum ETFs saw $1.54B in trading volume with over 8% daily price gains.
Ethereum spot ETFs saw a major resurgence on November 24, recording $96.67 million in net inflows after recent outflows had raised concerns. Leading the activity was BlackRock’s ETHA, which attracted $92.61 million, nearly the entire daily total. This renewed demand follows a volatile week for crypto markets and suggests investors are positioning back into Ethereum as prices stabilize and institutional interest in regulated ETH exposure continues to grow.
ETHA Leads with $92.6 Million as Investors Return to Ethereum
On November 24, Ethereum spot ETFs recorded $96.67 million in net inflows, according to data from SoSoValue. This marks a shift from recent outflows that previously surpassed $500 million within a few days.
BlackRock’s Ethereum ETF, ETHA, accounted for the majority of the inflows, bringing in $92.61 million. The fund’s cumulative inflow now stands at $12.98 billion, making it the top Ethereum ETF in terms of both scale and investor activity.
ETHA traded $936 million in volume during the session and saw gains of over 8%. It now holds more than $10.75 billion in net assets, equivalent to about 3% of Ethereum’s total market cap.
Mixed Performance from Other Ethereum ETFs
While ETHA led the market, other Ethereum ETFs reported varying results. Fidelity’s FETH recorded $2.23 million in outflows. Bitwise’s ETHW saw $4.26 million withdrawn during the same session.
Grayscale’s converted ETHE did not report any new inflows and remains in net outflow territory. However, a newer Grayscale Ethereum ETF showed better performance, with $9.81 million in inflows, indicating a potential shift in investor interest toward newer products.
These contrasting flows suggest that investors are carefully choosing ETFs with more perceived stability and institutional backing, such as ETHA.
Total Ethereum ETF Assets Reach $18.44 Billion
The total net assets under management across all Ethereum ETFs rose to $18.44 billion on November 24. This amount now accounts for 5.14% of Ethereum’s total market capitalization.
Investor demand has been rising as more institutions, advisors, and pensions explore regulated Ethereum exposure. Ethereum ETFs also saw strong trading activity, recording $1.54 billion in volume for the day.
According to market analysts, the recent inflows may reflect a renewed rotation into Ethereum, especially after recent profit-taking in Bitcoin-related products.
Ethereum Price Rebounds Amid Renewed Interest in ETFs
Ethereum’s price hovered around $2,975 during the session, rising in line with ETF inflows and daily trading volume. The ETH market rebounded after a period of volatility and sideways trading.
ETH ETFs gained traction as market conditions improved. As more institutional products gain regulatory clarity and investor access, the ETF sector is drawing renewed capital.
Market watchers say continued inflows could point to confidence in Ethereum’s near-term performance. Key drivers may include network upgrades, adoption growth, and scaling advancements.
The combination of strong trading volumes, inflows, and stable asset growth in ETHA supports this view. BlackRock’s role as a leading ETF sponsor may be giving ETHA a competitive edge in capturing both retail and institutional interest.
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