TechFlow reported on December 11 that Matrixport released a chart today showing significant growth in Ethereum ETF demand. Over the past 12 days, there has been a cumulative net inflow of up to $1.8 billion, with no single day recording net outflows. On three occasions, daily inflows exceeded $300 million. Adjusted for market capitalization—since Ethereum's market cap is roughly one-quarter of Bitcoin's—this would be equivalent to nearly $1.2 billion in daily inflows for Bitcoin.
This capital movement may reflect a reallocation or expansion of investment strategies, aligning with the start of the new fiscal year on December 1 for U.S. mutual funds, and also reflects optimistic market expectations for 2025. Should this demand persist, Ethereum's price could see substantial gains in 2025.
