Source: Blockchain Knight
ETF Store CEO Nate Geraci emphasized that Crypto asset-related ETFs will rank first in capital inflows in 2024, and the eight largest funds launched this year are all the industry.
This list includes four spot BTC ETFs, two Ethereum ETFs, and two micro-strategy ETFs.
Over the past 12 months, these eight funds have outperformed all approximately 740 ETFs.
BlackRock’s spot BTC ETF IBIT topped the list after recording more than $37 billion in positive net flows in less than a year.
IBIT also became the best ETF ever launched for the first time in history, accumulating nearly $53 billion in assets under management (AUM) in 11 months.
Fidelity’s spot BTC ETF FBTC ranked second with total inflows of $12.2 billion, while BlackRock’s spot Ethereum ETF ETHA came in at $3.5 billion. Net inflows ranked third.
This highlights the difference in flows between BTC and Ethereum ETFs, as the largest Ethereum ETF saw inflows 11 times lower than the largest BTC fund.
The other two BTC ETFs on the list are ARK 21shares’ ARKB and Bitwise’s BITB, which recorded inflows of US$2.6 billion and US$2.2 billion respectively.
The first MicroStrategy-related ETF (MSTY by YieldMax) recorded the eighth-largest net inflows at nearly $1.8 billion, followed closely by the second Ethereum ETF on the list (MSTY by YieldMax) Fidelity's FETH) recorded net inflows of just over $1.5 billion.
Defiance’s MSTX ranks among the top eight with $1.4 billion in capital inflows, becoming the second ETF related to micro-strategies.
Analysts are optimistic about the prospects of U.S. Crypto ETFs.
According to Bitwise estimates, BTC ETF alone will attract US$35 billion in capital inflows next year, accumulating more than US$70 billion in less than two years.
At the same time, Bloomberg ETF analysts Eric Balchunas and James Seyffart predict that a wave of new Crypto asset-related ETFs will appear next year.
In addition, Geraci recently predicted that the regulatory environment will become more favorable to the industry in the coming months, making it possible for the Solana (SOL) ETF to be approved in 2025.
According to data from Farside Investors, spot BTC ETFs traded in the United States recorded inflows of $12.1 billion between November 6 and December 27, accounting for 1% of its year-to-date capital flows.34% of the amount.
This had an even more significant impact on the spot Ethereum ETF, which recorded $3.2 billion in inflows during the same period. Those flows were enough to reverse the funds' negative net flows of more than $500 million, which now total nearly $2.7 billion.