BlackRock’s Ethereum ETF Sees $300M Record Inflow Day, ETH Tops $3K
2025-07-11 08:56:12
Main Idea
BlackRock’s iShares Ethereum Trust recorded a record inflow of $301 million, contributing to a total of $6.1 billion in inflows since its launch, highlighting strong institutional interest in Ethereum ETFs.
Key Points
1. BlackRock’s iShares Ethereum Trust saw a record inflow of $301 million on Thursday, the highest since its launch in July 2024.
2. The spot Ethereum ETF has accumulated $6.1 billion in total inflows, surpassing its eight competitors.
3. Aggregate inflows for Ethereum ETFs reached $383 million (129,500 ETH) on the same day, marking the second-best inflow day since launch.
4. Ethereum's price surged 8% in a day, reaching $3,005, its highest level since early 2024.
5. Institutional interest in Ethereum ETFs remains strong, with nearly $900 million entering the market in just six trading days.
Description
BlackRock’s iShares Ethereum Trust saw a record inflow of $301 million on Thursday, its highest ever inflow since the product launched in July 2024. The spot Ethereum ETF has now seen a total of $6.1 billion in inflows, and is way ahead of its eight competitors. Additionally, it was the second-best day for aggregate inflows for the products since they launched with $383 million or 129,500 ETH. We have a *new* daily inflow record for iShares Ethereum ETF… $300+mil. 2nd best day for spot eth ETFs ...
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