Spot Ether ETFs in the U.S. recorded their largest single-day inflow in history and marked the ninth consecutive day of positive trading. According to preliminary data from Farside Investors and decentralized news aggregator Tree News, a total of $431.5 million flowed into nine spot Ether ETFs on December 5.

This broke the previous record of $333 million on November 29, becoming the largest daily inflow since the funds launched on July 23. Spot Ether ETFs have maintained a net positive flow since November 21, accumulating over $1.3 billion in the past two weeks.

This significant inflow day pushed the total net inflows above $1 billion, continuing to rise steadily as the outflow from Grayscale’s Ethereum Trust slowed down.

• The BlackRock iShares Ethereum Trust accounted for the majority of the inflows, with a record $295.7 million, bringing its total to $2.3 billion.
• Fidelity’s Ethereum Fund saw an inflow of $113.6 million, while Grayscale’s Ethereum Mini Trust recorded $30.7 million and the Bitwise Ethereum ETF had $6.6 million.
• Grayscale’s Ethereum Trust, on the other hand, registered an outflow of $15.1 million, and the other funds reported zero flows.

Meanwhile, spot Bitcoin ETFs in the U.S. continue to show strong momentum, with a total net inflow of $747.8 million for 11 funds on December 5. According to CoinGlass, the majority of this figure came from the BlackRock iShares Bitcoin Trust, which recorded an inflow of $751.6 million. In contrast, Grayscale’s Bitcoin Trust experienced an outflow of $148.8 million.

Ether Strength

The BlackRock ETF has seen nearly $2.5 billion in inflows over the past five trading days, bringing its total to an impressive $34 billion since launch.

Meanwhile, Ether ETF inflows have picked up pace as spot ETH prices surged 16% over the past two weeks, reaching an eight-month high of $3,946 on December 5, according to CoinGecko.

Analysts suggest that Ether’s strength against Bitcoin (ETH/BTC ratio) could increase further over the next six to 12 months after recent underperformance. According to TradingView, the ratio currently stands at 0.04 and has risen by 14.5% over the past month.

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