U.S.-listed Ethereum spot exchange-traded funds (ETFs) achieved an unprecedented daily net inflow milestone of $726 million, significantly surpassing the previous record of $428 million. BlackRock’s iShares Ethereum Trust (ETHA) dominated this surge with $499 million in single-day inflows.
Collectively, these ETFs now hold over 5 million ETH, representing more than 4% of Ethereum’s circulating supply. Total net inflows to Ethereum ETFs have reached $6.48 billion since their launch last year, highlighting sustained institutional adoption.
Concurrently, Ethereum’s price rallied nearly 9% to approach $3,400 within a 24-hour period, with technical indicators showing robust support. The 20-day exponential moving average held at $2,866 and the 50-day average at $2,647, reinforcing bullish momentum.
High-value investor activity signaled strong confidence, with three prominent whale addresses (‘0x52e’, ‘0x310’, and ‘0x8af’) collectively acquiring over $38 million worth of ETH recently. Simultaneously, corporate treasury adoption expanded as SharpLink Gaming announced a 10,854 ETH purchase.
Exchange data revealed significant supply contraction, with 88,292 ETH withdrawn from trading platforms over one week. This accumulation trend reduces available market supply and reflects strengthened holding sentiment across both institutional and corporate portfolios.