The inflows in Ethereum ETFs rise sharply, while large drains are recorded in Bitcoin ETFs

The inflows in Ethereum ETFs rise sharply, while large drains are recorded in Bitcoin ETFs

The inflows in Ethereum-ETFS increase greatly, while Bitcoin-ETFS have large depressions
  • The inflows in Ethereum ETFs exceed the inflows in Bitcoin ETFS.
  • The Ishares Ethereum Trust (Etha) ETF from Blackrock is at the top with an inflow of $ 89.51 million on December 23, 2024.
  • This market shift could be a sign of an altcoin season in 2025.

In a surprising turn of events on the cryptocurrency market, Ethereum-Spot-ETFs recorded considerable inflows that exceed the drains determined by Bitcoin ETFs.

On December 23, 2024, Ethereum ETFs recorded a net inflow of $ 130.8 million, with the Ishares Ethereum Trust (Etha) ETF from Blackrock was at the top with $ 89.50 million and the Ethereum ETF (Feth) added Coinglass data . In the blatant contrast, Bitcoin ETFs recorded drainage of a total of $ 226.50 million on the same day.

This trend has lasted in the past few weeks. For example, on December 12th, Ethereum-Spot ETFs recorded a cumulative net inflow of $ 273.70 million and thus continued their series of 14 consecutive days with positive coincidences. The ETHA ETF from Blackrock alone recorded a net inflow of $ 202.30 million in one day, while the Ethereum ETF (ETH) contributed $ 73.20 million.

 Rails in Ethereum-ETFS
Source: Coinglass
 Trips from Bitcoin-ETFS
Source: Coinglass

The shift signals a possible start of an altcoin season

Despite the higher trading volumes, Bitcoin ETFs were confronted with drains, which indicates a possible shift in investor's mood towards Ethereum.

market analysts speculate that this could signal the beginning of an “old coin season” in which investors could diversify their portfolios beyond Bitcoin, whereby ETH is at the top.

This shift in the investment flow is particularly remarkable because it takes place at a time when Bitcoin dominates the headlines with its price development and reached over $ 108,000 in early December.

The underlying reasons for this trend could be the growing Ecosystem of Ethereum, especially in the area of ​​decentralized finances (Defi) and non -fungi token (NFTS) that could attract investors who are looking for dynamic growth opportunities.

In addition, the regulatory environment among the new government could be seen as a cheaper for Ethereum, since it offers wider areas of application that go beyond the mere function as value preservatives such as Bitcoin.

This development raises questions about the future orientation of crypto investments. While Bitcoin has long been the leading indicator of the cryptom market, Ethereum's latest performance in ETF area could indicate a realignment of the investor interest, which could possibly lead to more balanced growth of various cryptocurrencies in 2025.

Source: Coinlist.me