Global #Grayscale Ethereum Trust

Net inflows into Ether (ETH) exchange-traded funds (ETFs) surpassed $2.6 billion in December, gaining significant traction against the long-dominant Bitcoin (BTC) ETFs, according to data from Farside Investors.

On October 11, U.S.-based spot Bitcoin exchange-traded funds (ETFs) recorded impressive net inflows totaling $253.6 million, marking a turnaround after three consecutive days of outflows.

In recent developments, Ethereum ETFs have faced unprecedented challenges, marked by record outflows and growing investor concerns.

​Nine U.S. spot Ethereum exchange-traded funds (ETFs) faced significant outflows totaling $98.29 million on Monday, marking the fourth consecutive day of negative flows for these products.