Weekly U.S. Ethereum ETFs Net Flow Analysis

For the week spanning December 9 to December 13, 2024, the U.S. Ethereum ETFs exhibited substantial net inflows, signaling strong market participation and positive sentiment towards Ethereum. Leading the inflows, BlackRock’s Ethereum ETF (Ticker: ETHA) reported a massive increase of 143,577 ETH. Fidelity’s Ethereum ETF (Ticker: FETH) also had significant gains, adding 80,250 ETH.

Grayscale’s Ethereum ETF (Ticker: ETH), showed a robust performance as well, with a net inflow of 26,573 ETH. Additionally, Bitwise (Ticker: ETHW), VanEck (Ticker: ETHV), and Invesco Galaxy (Ticker: QETH) also experienced inflows of 2,009 ETH, 1,830 ETH, and 125 ETH respectively. Franklin Templeton’s Ethereum fund (Ticker: EZET) reported a modest gain of 760 ETH.

Conversely, Grayscale’s other Ethereum fund (Ticker: ETHE) saw a significant outflow, losing 20,940 ETH. Another fund, 21Shares (Ticker: CETH), also faced a decrease, losing 2,400 ETH.

Overall, these funds collectively held 3,496,983 ETH, marking a net increase of 231,784 ETH for the week, valued at approximately $899.4 million. This indicates a vibrant week of trading and investments in Ethereum ETFs, with the majority of funds experiencing growth in their holdings.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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Crypto Hiring: Securitize, Galaxy, Hashdex add leaders

Securitize, Galaxy, and Hashdex each made significant leadership appointments this week as momentum continues to build across the crypto industry.

Michael Sonnenshein became the chief operating officer of Securitize, the tokenization platform revealed this week. He had departed crypto asset manager Grayscale in May. 

Read more: Ex-Grayscale CEO shifts focus to tokenization

Securitize is perhaps best known for helping BlackRock tokenize its USD Institutional Digital Liquidity Fund (BUIDL) in March. Backed by US Treasurys, the fund quickly grew to manage more than $500 million in assets. 

Sonnenshein told Blockworks in a Thursday interview that bringing real-world assets…

Read more on Blockworks

Weekly U.S. Bitcoin ETFs Net Flow Analysis

For the week spanning December 9 to December 13, 2024, the U.S. Bitcoin ETFs showed a notable net increase, highlighting continued investor interest and market activity. BlackRock’s Bitcoin ETF (Ticker: IBIT) led the gains, with a significant net inflow of 13,990 BTC. Fidelity’s Bitcoin ETF (Ticker: FBTC) also saw substantial growth, adding 7,954 BTC to its holdings.

Other funds also recorded positive inflows: ARK’s Bitcoin ETF (Ticker: ARKB) gained 559 BTC, Bitwise (Ticker: BITB) added 332 BTC, and Grayscale’s BTC fund (Ticker: BTC) increased by 1,325 BTC.

However, not all funds saw increases. Grayscale’s GBTC (Ticker: GBTC) experienced a notable outflow, losing 2,586 BTC. Invesco Galaxy’s (Ticker: BTCO) and Valkyrie’s (Ticker: BRRR) funds also faced reductions of 254 BTC and 140 BTC, respectively, and VanEck’s (Ticker: HODL) had a slight decrease of 28 BTC.

The collective Bitcoin holdings for these ETFs by week’s end totaled 1,122,144 BTC, reflecting a net inflow of 21,152 BTC, equivalent to approximately $2.15 billion in market value. This underscores a dynamic week for Bitcoin investments, with significant net inflows driving the market forward.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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