U.S. spot Ethereum exchange-traded funds (ETFs) have reached a record $10.56 billion in assets under management (AUM), with BlackRock’s ETHA ETF leading the market despite recent price declines for Ethereum.
BlackRock’s ETHA ETF dominates the sector, holding 41% of total AUM with approximately 1.58 million ETH. Grayscale’s ETHE ETF follows with a 29.5% share, while Grayscale Mini’s ETH and Fidelity’s FETH ETFs account for 12.8% and 12% respectively.
Net inflows into U.S. spot Ethereum ETFs totaled over $1.37 billion across 19 consecutive days, demonstrating robust investor confidence in Ethereum’s long-term prospects.
Despite substantial ETF inflows, Ethereum’s price has declined 11% from its monthly high of $2,869 and currently trades just above $2,500. BlackRock’s aggressive acquisition strategy, including a recent $50 million ETH purchase, underscores institutional commitment to expanding Ethereum exposure.
The record AUM milestone highlights sustained institutional interest in Ethereum-based investment products amid market volatility.