Ethereum ETFs Smash Records with $727M Single-Day Inflow Surge

Key Points

1. Spot Ethereum ETFs recorded a net inflow of $726.74 million on July 16, the largest single-day inflow in the category's history, bringing cumulative net inflows to $6.48 billion.

2. BlackRock’s ETHA led with $499.25 million in net inflows, while Fidelity’s FETH and Grayscale’s ETHE also saw significant inflows.

3. Ethereum's price surged 6.8% to over $3,200, with ETF trading volume reaching $2.59 billion and ETH futures open interest hitting $45 billion.

4. The inflows reflect growing institutional interest in Ethereum's long-term utility, including staking yields (4%-6%) and its role in DeFi, NFTs, and Web3 infrastructure.

5. Despite the bullish trend, regulatory uncertainty around Ethereum's classification as a security and competition from Solana and Layer 2 solutions remain risks.