ETF Store CEO Nate Grassi emphasized that crypto exchange-traded funds (ETFs) will lead the inflows in 2024, and the eight largest funds launched this year belong to this sector.
This list includes four spot bitcoins (Bitcoin(ETF, two Ethereum)ETH) ETF and two Microstrategy ETFs These eight funds outperformed all of the roughly 740 ETF launches over the past 12 months.
Black Rock Specify Bitcoin ETF, will gowith more than $37 billion in positive net inflows recorded in less than a year, took the top spot. Also convert to The best first ETF everwith nearly $53 billion in assets under management (AUM) accumulated in 11 months.
Loyalty Specify Bitcoin ETF, FBTCis second with inflows of $12.2 billion, while the BlackRock Ethereum spot ETF ETHA It is in third place with a positive net flow of $3.5 billion.
This shows the difference between Bitcoin and Ethereum ETFs in terms of flows, as inflows to the largest Ethereum ETF are 11 times lower than the largest Bitcoin fund.
There are two other Bitcoin ETFs on the list ARK 21 shares ARKB and Bitwise's BITBwhich recorded 2.6 billion dollars and 2.2 billion dollars respectively.
MicroStrategy's first ETF, YieldMax's MSTY, posted the eighth largest net inflow at nearly $1.8 billion, followed by the second Ethereum ETF on the list – Fidelity's. conquest – which posted a net inflow of just over $1.5 billion.
MSTX Defiance rounded out the top 8 as the second MicroStrategy-related ETF, with $1.4 billion in inflows.
just the beginning
Analysts are optimistic about the future of crypto ETFs in the US. bit by bit Estimates Bitcoin ETFs alone will attract $35 billion in inflows next year, surpassing $70 billion in less than two years.
Meanwhile, Bloomberg ETF analysts Eric Balchunas and James Seyfart Waiting a A wave of new crypto-related ETFs Next year in addition, Geraci It has recently been predicted that the regulatory landscape is set to become more favorable for the sector in the coming months, which will lead to the approval of Solana (SOL) ETF in 2025 most likely.
according to Farside investors dataU.S.-traded bitcoin ETFs recorded $12.1 billion in inflows from Nov. 6 to Dec. 27, representing 34% of their annual inflows.
This effect even on Ethereum spot ETFs, which has been registered $3.2 billion in inflows over the same period. The capital inflows were enough to reverse more than $500 million in negative net flows from these funds, which now total $2.7 billion.
