Ether ETF’s net income reached $2.6B in December
According to data from Farside Investors, total net inflows into Ether (ETH) exceeded $2.6 billion in December.
In November and December, Ether ETFs, according to CoinShares data, in November and December, Ether ETFs saw net inflows, including $2.2 billion recorded in a week.
BTC ETFs, which close by 2024 with more than $35 billion in net income, are still lagging behind, according to Farside.
Analysts say this could be reversed by 2025, especially if ETH's price performance boosts ETF returns and regulators allow the fund to earn more than stocks.
Source: Farside Investors
Related: Staking May Come Soon for US Ether ETFs: Bernstein
High Ether Funds
BlackRock's iShares Ethereum Trust ( ETHA ) leads peers by delivering more than $3.5 billion in net income by 2024, Farside said. Fidelity Ethereum Fund (FETH) took second place with $1.5 billion in net income.
This comes in part from more than $3.6 billion in net inflows from Grayscale Ethereum Trust (ETHE), the asset manager launched in 2017 as an initially unlisted trust.
Greyscale ETHE charges management fees of 1.5%. In July, asset manager Greyscale listed Ethereum Mini Trust as a cheaper alternative.
Bitcoin ETFs have shown similar volatility, with BlaRock's iShares Bitcoin Trust (IBIT) posting nearly $37 billion in 2024 inflows and more than $20 billion in net outflows from Greyscale Bitcoin Trust (GBTC).
Will Bitcoin Outpace ETFs in 2025?
Since November, ETH has outperformed BTC in the crypto spot and derivatives markets, according to a December report by crypto exchange Bybit. Meanwhile, BTC ETFs saw the largest net inflow on December 19.
Continued growth in network activity, including the proliferation of artificial intelligence agents, could further boost Ether's performance, which in 2024 fell behind rival layer-1 network Solana, Bitwise head of research Matt Hogan told Cointelegraph.
Ethereum and Base, the Ethereum Layer-2 scaling network, are “where a lot of AI agents are working right now,” Hougan told Cointelegraph in a December 19 interview.
Asset manager VanEyck estimates that Ether's spot price will reach $6,000 in the fourth quarter of 2025.
Magazine: 5 real use cases of useless memecoins
