The cryptocurrency market continues its bullish momentum following the US presidential election, with Ethereum spot ETFs achieving a historic milestone. On November 11, these ETFs recorded an unprecedented single-day net inflow of $295 million, signaling a potential catch-up phase for Ethereum against top performers like Bitcoin and SOL in this bull cycle.
Key Highlights of Ethereum Spot ETF Inflows
- Fidelity’s FETH: Led with $115 million inflow, totaling $673 million historically.
- BlackRock’s ETHA: Followed closely with $101 million, accumulating $1.538 billion to date.
- Grayscale’s Mini Trust ETF (ETH): Secured third place with $63.32 million.
- Bitwise’s ETHW: Added $15.57 million, while other ETFs saw zero inflows.
👉 Why Ethereum’s ETF Momentum Matters Now More Than Ever
Market Context and Performance
- Total AUM: $9.72 billion, covering 2.41% of Ethereum’s market cap.
- Net Flows: Despite Grayscale’s ETHE outflows (-$3.14 billion), other ETFs netted ~$3.1 billion inflows.
- ETH Price Surge: Up 38.5% in 7 days to $3,365 (July 2024 peak), fueled by post-election optimism.
Analysts’ Bullish Outlook
Rachael Lucas (BTC Markets) notes:
Ethereum is finally gaining traction after lagging. Staking rewards—though unavailable via US ETFs—could attract traditional investors eyeing ETH’s牛市 potential.
CK Zheng (ZX Squared Capital) adds:
A pro-crypto Trump administration may accelerate blockchain adoption, benefiting ETH and SOL in coming months.
FAQs: Ethereum’s ETF and Price Trajectory
Q: What drove the record ETF inflows?
A: Post-election market confidence and ETH’s undervaluation relative to peers.
Q: How does staking affect ETF appeal?
A: Current US ETFs don’t offer staking yields, but future products might bridge this gap.
Q: Will ETH’s rally sustain?
A: Analysts cite macro trends and institutional interest as key支撑 factors.
👉 Explore Ethereum Investment Strategies Here
Keywords: Ethereum spot ETF, ETH price prediction, cryptocurrency inflows, Trump election crypto impact, staking rewards, Fidelity FETH, BlackRock ETHA, Grayscale mini trust.
**Notes**: