Among the almost 400 new ETFs launched this year, the four biggest by inflows are all spot Bitcoin ETFs. The crypto ETF market has seen significant growth in 2024, with 13 of the 25 largest ETF launches being crypto-related. BlackRock's iShares Bitcoin Trust (IBIT) leads with almost $21 billion in inflows, followed by the Fidelity Wise Origin Bitcoin Fund (FBTC) with close to $10 billion.

The iShares Ethereum Trust ETF (ETHA) has been the most successful among Ethereum ETFs, with its net inflows passing $1 billion in August. In total, net assets in spot Bitcoin and Ethereum ETFs have exceeded $60 billion. The market for crypto ETFs is expected to continue expanding, with new types of digital asset funds and diversified crypto indexes on the horizon.

Grayscale Investments' global head of ETFs, Dave LaValle, pointed out that there is a growing interest in both single-asset products and index-based offerings, which signals a broader adoption of crypto ETFs. He also shared that net inflows into spot crypto ETFs have already exceeded three times the largest one-year inflow of any ETF in history, which also proves the massive adoption underway in the market.

Source: https://coinpaper.com/5287/cryptocurrency-et-fs-lead-the-pack-in-2024-launches

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