Spot Ethereum ETFs See Record Inflows as ETH Taps $3,400
2025-07-17 05:27:12
Main Idea
BlackRock's iShares Ethereum Trust (ETHA) experienced record inflows, with significant institutional interest driving Ethereum ETF inflows and price surges.
Key Points
1. BlackRock’s iShares Ethereum Trust (ETHA) saw a record inflow of $489 million, purchasing 148,585 ETH, with daily trading volumes reaching $1.8 billion.
2. The BlackRock Ether ETF recorded $1.25 billion in inflows over the past five trading days, accounting for nearly 20% of total Ethereum ETF inflows.
3. Other Ethereum ETFs, including Fidelity’s FETH and Grayscale’s mini Ethereum Trust, also saw significant inflows, with $113 million and $54 million respectively.
4. US spot Ethereum ETFs now hold around 5 million ETH (4% of total supply), with $6 billion in aggregate inflows since inception, half of which occurred in the last five trading days.
5. Ethereum prices surged 7.5% to a six-month high of $3,420, with a 30% gain over the past fortnight, outperforming Bitcoin’s 8.5% rise in the same period.
Description
BlackRock’s iShares Ethereum Trust (ETHA) saw a record inflow on Wednesday with $489 million entering the fund. The 148,585 ETH that BlackRock bought is the highest daily inflow since the fund was launched in July 2024. It also saw record daily trading volumes of $1.8 billion as institutional hunger for the asset surges. The BlackRock Ether ETF has seen a whopping $1.25 billion in inflows over the past five trading days. This is almost 20% of its total aggregate inflow since inception. 7/16 Blac...
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