BlackRock’s ETH ETF Draws $546M as 10-Day Inflows Hit $2.1B
2025-07-18 08:15:48
Main Idea
BlackRock’s iShares Ethereum Trust (ETHA) set a new single-day inflow record of $546.7 million, contributing to a 10-day streak totaling $2.1 billion, reflecting growing institutional interest in Ethereum ETFs.
Key Points
1. BlackRock’s ETHA attracted $546.7 million in a single day, marking a record and part of a $2.1 billion 10-day inflow streak.
2. Spot Ethereum ETFs collectively saw daily net inflows of $602.02 million on July 17, nearing the all-time high of $726.74 million set on July 16.
3. ETHA led the inflows with $546.7 million, while other ETFs like Fidelity’s FETH ($17.19 million) and Grayscale’s traditional ETH fund ($29.9 million) also saw significant inflows.
4. Combined assets under management for all Ethereum ETFs reached $17.32 billion, representing 4.19% of ETH’s total market cap.
5. ETH’s price surged to $3,630, marking an 8.5% increase in a day and a 22.2% rise over the past week, driven by institutional investment.
Description
On Thursday, BlackRock’s iShares Ethereum Trust (ETHA) hauled in $546.7 million, setting a new single-day record for the fund and topping up a relentless 10-day inflow streak totaling $2.1 billion. The milestone comes just one day after ETHA posted $489 million, reflecting the growing appetite for the world’s second-largest cryptocurrency among institutional investors. ETF Frenzy Reshaping ETH Landscape Data from SoSoValue shows that on July 17, spot Ethereum ETFs raked in daily total net inflow...
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