ETH ETFs Record $8.7B in First-Year Inflows Following Two-Week $5B Acceleration

Ethereum ETFs Attract $8.7B in First Year as BlackRock’s ETH Fund Surpasses $10B AUM

BlackRock’s iShares Ethereum Trust (ETHA) has officially surpassed $10 billion in assets under management, becoming the third-fastest ETF in history to hit that mark. The milestone coincides with sustained demand for spot Ethereum exchange-traded funds, which have now seen 15 consecutive days of net inflows.

Since launching on July 23, 2024, the U.S. spot Ethereum ETF suite has collectively drawn nearly $8.7 billion in net inflows, according to public data — a figure achieved despite continued outflows from Grayscale’s Ethereum Trust (ETHE). More than half of those flows came in the past two weeks, with over $4.6 billion entering the market during that stretch.

The surge aligns with renewed momentum in ETH’s price, which climbed 26% in the week of July 14, after a 16% gain the prior week. Ether is currently trading at $3,704, up 11% year-to-date.

ETHA’s rapid growth places it behind only BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) in terms of speed to $10 billion, according to Bloomberg Intelligence’s Eric Balchunas.

The launch of spot Ethereum ETFs followed the blockbuster debut of their bitcoin counterparts, and the ETH ETF lineup now includes offerings from major financial players such as Fidelity, VanEck, Franklin Templeton, and Grayscale.

Analysts attribute the continued inflows to increasing institutional confidence in Ethereum as an asset class, along with a shift in U.S. regulatory tone. With the SEC signaling openness to crypto legislation and industry dialogue, investors appear to be rotating back into digital assets — and Ethereum is benefiting.