Share this article
Ether ETFs in the Black for the First Time After 5 Days of Inflows
Following their listing, ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January
Updated Nov 13, 2024, 12:07 p.m. Published Nov 13, 2024, 12:04 p.m.
- Ether ETFs reached positive cumulative flows for the first time after five consecutive days of net inflows.
- The funds' cumulative flows since they listed in July are now in the black to the tune of $94.62 million.
Ether exchange-traded funds (ETFs) are showing positive cumulative flows for the first time since their introduction in July after five consecutive days of net inflows.
The nine spot ether ETFs listed in the U.S. recorded just under $136 million of inflows on Tuesday, taking the total since Nov. 6 to around $650 million, according to data tracked by SoSoValue.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The funds' cumulative inflows are now in the black to the tune of $94.62 million. The only other time cumulative inflow was positive was July 23, when first-day trading saw a net $106.8 million invested.
After that, the ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January. Grayscale's Ethereum Trust (ETHE), which already had over $8 billion in assets at the time of listing, began experiencing outflows that were not offset by flows into the other funds.
Various explanations have been offered for the lukewarm reaction to ether ETFs coming to market, such as the lack of provision for staking and the relatively muted ETH price action amid the broader crypto bull market. Ether has risen around 55% in the past year, compared with BTC and SOL, which have gained about 141% and 305%, respectively, according to CoinDesk Indices data.
Read More: Bitcoin ETFs See Record $1.3B Inflows on Trump Win, Fed Rate Cuts
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
IMF Flags Stablecoins as Source of Risk to Emerging Markets, Experts Say We Aren't There Yet
The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets by facilitating currency substitution and capital outflows.
What to know:
- The IMF warns that USD-pegged stablecoins could undermine local currencies in emerging markets by facilitating currency substitution and capital outflows.
- Despite concerns, experts argue that the stablecoin market is still too small to have a significant macroeconomic impact.
- Stablecoins are primarily used for crypto trading, and their market size remains small compared to global currency flows.
Top Stories
