Bitcoin spot ETFs lost $388 million between December 23 and 27. This contrasts starkly with Ethereum ETFs, which witnessed a $349 million net inflow during the same period. Fidelity's FBTC broke the trend with a $183 million influx.
The total net asset value of Bitcoin spot ETFs is currently $106.683 billion. These withdrawals signal that investors are reevaluating their holdings in light of market concerns. Ethereum ETFs, on the other hand, are in high demand. BlackRock's ETHA topped the way with $182 million in inflows, followed by Fidelity's FETH with $160 million. This increasing trend reflects investors' increased interest in Ethereum-based digital assets.
Institutional interest in ETH is not new. Experts expect ETH to outperform BTC owing to its welcoming ecosystem and more flexibility.
Analysts predict a significant ETH rise in Q1 2025. They identify Ether ETFs as a key growth driver, citing inflows of $2.5 billion over 20 days. Despite the optimism, experts warn that overall crypto market conditions could impact ETH's performance. Investors should pay close attention to these trends as the market evolves.