Ethereum-focused exchange-traded funds recorded unprecedented weekly inflows of $2.2 billion, nearly doubling the previous record of $1.2 billion.
The massive capital movement coincided with Ethereum’s 25% price surge over the same period, bringing the cryptocurrency near its all-time high of $4,891 as institutional confidence strengthened.
Year-to-date inflows into Ethereum investment products have reached approximately $6.2 billion, demonstrating sustained institutional interest despite Bitcoin ETFs also seeing significant demand, with data indicating Bitcoin’s price increasing 1.8% for every 10,000 BTC added to ETF holdings.
BlackRock has separately petitioned the SEC to permit staking within its Ethereum ETF, addressing initial market concerns about yield generation limitations in such products.