U.S. spot Ethereum exchange-traded funds (ETFs) recorded their largest single-day inflow on record at $534.7 million, extending a 13-day streak of consecutive positive flows. The unprecedented capital movement signals surging confidence among institutional investors, bolstered by regulatory clarity and Ethereum’s expanding utility in decentralized finance (DeFi) and non-fungible tokens (NFTs).
BlackRock’s iShares Ethereum Trust (ETHA) dominated inflows with $427.05 million, followed by Grayscale’s mini Ethereum Trust ($72.64 million) and Fidelity’s Ethereum Fund ($35.01 million). This broad-based institutional participation highlights Ethereum’s maturation as a credible asset class while enhancing market liquidity and price discovery mechanisms.
The inflows are propelled by Ethereum’s technological evolution—including its transition to a Proof-of-Stake consensus model—and its foundational role in blockchain-based financial ecosystems. The participation of heavyweight asset managers underscores spot Ethereum ETFs’ significance in accelerating cryptocurrency integration into traditional finance frameworks.