BlackRock Leads Ethereum ETF Annual Inflows with $3.5 Billion, Followed by Fidelity and Bitwise

COINOTAG News reports that on December 30, 2024, BlackRock solidified its position as the top player in the Ethereum ETF market with a staggering $3.5 billion in annual inflows. This surge of investment underscores BlackRock’s influential role in the evolving landscape of cryptocurrency finance. Close behind, Fidelity demonstrated robust interest with $1.5 billion in inflows, signifying a strong commitment to digital asset management. Meanwhile, Bitwise managed to capture $400 million, further illustrating the growing demand for ETFs linked to Ethereum. These figures reflect the increasing adoption of cryptocurrency investment vehicles, as institutional investors seek diversification and exposure to blockchain technology.