Spot Ether exchange-traded funds (ETFs) in the United States reached a new milestone on Nov. 29, recording $332.9 million in daily inflows, according to Farside data. This surpasses the previous record of $295.5 million set on Nov. 11 by $37.4 million.
BlackRock Dominates Ether ETF Inflows
The majority of the day’s inflows—$250.4 million—were attributed to BlackRock’s iShares Ethereum Trust (ETHA). Nate Geraci, president of the ETF Store, highlighted in a Nov. 29 X post that ETHA has garnered over $2 billion in inflows since its launch on July 23.
At the time of reporting, Ether (ETH) is trading at $3,662, a 1.88% increase since Nov. 28, based on CoinMarketCap data.
Ether ETF Inflows Outpace Bitcoin ETFs
For the first time, Ether ETFs recorded higher inflows than their Bitcoin counterparts on a day when both experienced inflows. Spot Ether ETFs attracted $332.9 million, while spot Bitcoin ETFs tallied $320 million on the same day.
This shift underscores the growing interest in Ethereum as Wall Street embraces the “alt rotation,” according to Hartmann Capital founder Felix Hartmann.
Pseudonymous crypto trader Pentoshi noted in a Nov. 29 X post, “ETH flows are finally picking up, and sellers are getting absorbed. It’s only a matter of time.”
Sustained Ether ETF Inflow Momentum
Recent trends show Ether ETFs consistently outperforming Bitcoin ETFs in net inflows. From Nov. 22 to Nov. 27, Ether ETFs saw $224.9 million in net inflows, compared to Bitcoin ETFs’ $35.2 million, which was impacted by significant outflows on Nov. 25.
Ethereum’s decentralized finance (DeFi) ecosystem also secured a major legal victory this week, bolstering confidence among institutional investors.
A Shift in Investor Focus
This development marks a significant moment for Ethereum and its ecosystem, signaling increased institutional interest in alternative crypto assets beyond Bitcoin. As Ether ETFs continue to gain traction, their growing popularity could reshape the dynamics of cryptocurrency investment strategies.
I am Toby Rothschild, Co-Founder of Spearmint and author at Coinography, and a strategist focused on advancing Web3 innovation, digital ecosystems, and the future of decentralized technology. I combine product thinking, creative leadership, and deep interest in emerging trends to help shape how individuals and organizations interact with the next generation of digital systems.
My work centers on understanding how blockchain, AI, and digital identity are reshaping global industries. At Spearmint, I help lead the direction of initiatives that bring clarity, structure, and meaningful user experiences to complex technological environments. I focus on bridging vision with execution, ensuring that innovation remains practical, scalable, and aligned with long-term growth.
As an author at Coinography, I create insights that translate fast-moving Web3 developments into clear, useful narratives. I explore topics such as decentralized governance, digital identity, creator economies, token models, protocol design, and the shifting cultural patterns around emerging technology. My aim is to make digital transformation more understandable and approachable for a wider audience.
I believe that Web3 is not only a technological shift but a cultural and creative one. Strong ideas, thoughtful communication, and human-centered design will shape which technologies thrive and how communities evolve around them. My writing and research reflect this belief, focusing on clarity, relevance, and long-term perspective.
Professional Links Website: https://coinography.com LinkedIn: https://www.linkedin.com/in/tobyrothschild/
