tl;dr
Spot Ethereum (ETH) ETFs are nearing $10 billion in inflows this month, with BlackRock’s ETHA fund dominating. As of July 25, inflows reached $9.3 billion, up 120% from July 1, with 16 consecutive days of positive inflows. ETHA accounts for $9.34 billion of total inflows, nearly four times Fidelity’...
Spot Ethereum (ETH) exchange-traded funds (ETFs) are edging close to surpassing $10 billion in inflows this month, with BlackRock’s ETHA fund emerging as a dominant player. As of July 25, spot Ethereum ETFs had amassed $9.3 billion in inflows, a remarkable 120% jump from $4.2 billion on July 1, marking 16 straight days of positive inflows. The average daily inflow of $233 million suggests the $10 billion milestone is within reach, requiring just $162.5 million daily over the remaining trading days in July.
ETHA leads the pack, accounting for $9.34 billion of total inflows, nearly quadruple Fidelity’s FETH at $2.35 billion. In July alone, ETHA represented an impressive 91% of the total inflows, solidifying its status among the ETF elite. Bloomberg senior ETF analyst Eric Balchunas highlighted that ETFs pulled in $97.6 billion over the past 30 days, with ETHA ranking as the fourth-largest ETF by inflows, contributing approximately 4% of the total at nearly $3.9 billion.
Balchunas also noted that ETHA boasts the 17th-largest trading volume among ETFs as of July 28, placing it in the top 0.4% of all ETFs — a notable achievement for a relatively new fund. Strong trading volumes and a 5% price increase further point to sustained interest and inflow potential. ETHA’s daily trading volume stands at $1.35 billion, underscoring its growing liquidity and investor demand.
Shawn Young, chief analyst at MEXC Research, attributed these robust inflows to heightened interest from institutional whales and corporate treasury firms. He emphasized that this surge reflects growing confidence in Ethereum’s utility, sustainability, and long-term viability, particularly given its role in tokenization, stablecoins, and on-chain settlement. Young concluded that the rise of Ether ETF assets under management (AUM) to over $20 billion—nearly 5% of Ether’s total market cap—signals its increasing importance as a strategic asset within institutional portfolios.