In 2024, the launch of spot Bitcoin 
$96,662 and Ethereum 
$3,470 ETFs in the United States garnered substantial interest. Among the 740 ETFs introduced this year, those focused solely on cryptocurrencies attracted the highest inflows. Following Donald Trump’s victory in the 2024 U.S. elections, the interest of investors in BTC and Ether ETFs intensified, further bolstered by cryptocurrency-friendly policies and plans to create Bitcoin reserves.
Cryptocurrency ETFs Attract the Most Inflows
Nate Geraci, President of ETF Store, noted the prominence of crypto-focused ETFs in 2024. He stated, “Four spot Bitcoin ETFs, two spot Ethereum ETFs, and MicroStrategy ETFs are capturing investor attention.”
The interest from cryptocurrency investors has surged, particularly with offerings from major firms like BlackRock and Fidelity. BlackRock’s IBIT and ETHA ETFs are experiencing significant demand among investors.
Inflow of Investments into Bitcoin and Ethereum ETFs
In the last week of 2024, from December 23 to December 27, spot Bitcoin ETFs experienced an outflow of $388 million. However, Fidelity ETF (FBTC) noted a weekly inflow of $183 million. The total net asset value of Bitcoin spot ETFs currently stands at $106.683 billion. Analyst Ali Martinez anticipates that if Bitcoin maintains the $93,000 level, its price will rise again. Meanwhile, Ethereum remains stable around $3,400, although blockchain data indicates it will likely follow a positive trend.
The heightened interest in cryptocurrency ETFs signals a significant shift toward greater acceptance of BTC and Ethereum. Investors’ movement towards crypto ETFs, which integrate into traditional financial markets, illustrates the accelerating pace of this transformation.
