How much money flowed into spot Bitcoin ETFs in 2024?

Spot Bitcoin ETFs attracted $57.7 billion in net inflows as of December 15, 2024.

What new regulatory approach did the SEC take for crypto ETFs?

The SEC approved generic listing standards for commodity-based trusts, providing criteria for digital asset eligibility.

When did spot Ethereum ETFs launch and how much did they bring in?

Spot Ethereum ETFs launched in July 2024 and had $12.6 billion in net inflows by December 15, 2024.

Home / Business and Economy / Crypto ETFs Surge: Wall Street Embraces Digital Assets

Crypto ETFs Surge: Wall Street Embraces Digital Assets

30 Dec

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Summary

Spot Bitcoin ETFs saw $57.7 billion in net inflows by December 2024.
Ethereum ETFs garnered $12.6 billion in net inflows since July 2024.
New SEC standards define criteria for digital assets in commodity trusts.

Crypto ETFs Surge: Wall Street Embraces Digital Assets

The landscape of cryptocurrency investment on Wall Street has significantly evolved throughout 2024, marked by the opening of new avenues through exchange-traded funds (ETFs). Asset managers have successfully launched products tracking the spot prices of major cryptocurrencies, with significant investor interest noted. As of December 15, 2024, spot Bitcoin ETFs had accumulated a remarkable $57.7 billion in net inflows since their launch in January 2024.

Similarly, spot Ethereum ETFs have also seen substantial traction, generating $12.6 billion in net inflows by December 15, 2024. Despite some market volatility leading to investor withdrawals on specific days, the overall trend indicates growing institutional adoption and investor confidence in these digital asset products. The focus is now shifting towards the potential for ETFs tracking multiple cryptocurrencies.