Ethereum ETFs See Inflow Surge as BlackRock’s ETHA Draws in Record $300M in a Day
Ethereum (ETH) is experiencing a surge in investor interest, driven primarily by the strong performance of spot exchange-traded funds (ETFs) in the United States. This renewed interest is reflected in the significant inflows into ETH-based investment products.
BlackRock’s iShares Ethereum Trust (ETHA) exemplifies this trend, recording its highest single-day inflow to date on Thursday—over $300 million—boosting its assets under management (AUM) to $5.6 billion. This is part of a broader upswing; nine U.S.-listed ETH ETFs collectively attracted $703 million in net inflows this week alone, according to SoSoValue. This represents the third-strongest weekly inflow since their launch in July 2024, underscoring the sustained investor demand.
The momentum is notable considering ETH’s price performance has lagged behind Bitcoin’s this year. However, a recent report from Fineqia highlights a significant discrepancy: AUM of ETH-backed exchange-traded products (ETPs) expanded 61% faster than ETH’s market capitalization in the first half of 2025. This disparity indicates a consistent flow of capital into these products, independent of the underlying asset’s price fluctuations.
Fineqia’s report further reveals that the resurgence in ETP demand began in late April and continued through June, exceeding ETH’s price gains during that period. This sustained inflow of capital has been a key factor in propelling ETH’s price back to $3,000, its highest level in over four months. The robust inflow into ETH ETFs signifies a growing confidence in Ethereum and its potential, even amidst market volatility. The Ethereum Foundation’s recent over-the-counter (OTC) sale of 10,000 ETH to SharpLink, while a separate event, further illustrates the increasing activity surrounding the asset. This combination of ETF inflows and strategic transactions underscores the strengthening position of Ethereum in the cryptocurrency market.
