Institutional investment in Ethereum exchange-traded funds (ETFs) has decelerated significantly, with weekly inflows dropping to $19.1 million. This slowdown follows a five-week surge that saw cumulative net inflows reach almost $1.5 billion.
BlackRock’s iShares Ethereum Trust (ETHA) captured $15.1 million of the latest inflows, maintaining its dominant position. The fund’s cumulative net inflows now stand at $5.3 billion, supporting net assets totaling $4.19 billion.
Grayscale’s Ethereum Mini Trust recorded $4 million in fresh capital, bringing its cumulative net inflows to $738.6 million and net assets to $1.32 billion.
The reduced activity suggests investor caution amid ongoing market consolidation. Analysts indicate participants may be awaiting stronger market catalysts or clearer directional signals before committing additional capital.
Despite the pullback, sustained interest in regulated Ethereum investment products remains evident, with institutional-grade offerings like BlackRock’s ETHA continuing to attract significant allocations.