Ethereum ETFs have seen a change in investor enthusiasm since their launch this summer, with the cumulative net inflows reaching $238 million on Thursday. In July, the Grayscale Ethereum Trust saw $1.7 billion worth of outflows in its first five trading days, but the recent change in sentiment is likely due to a more favorable regulatory environment, with a pro-crypto administration under President-elect Trump.
Investors are also more comfortable with Ethereum following the recent surge in spot Bitcoin ETFs.
