Ethereum ETFs Pull In $8.7B in First Year as BlackRock’s ETH Fund Tops $10B AUM
Spot Ethereum exchange-traded funds have amassed $8.7 billion in net inflows in their debut year, with BlackRock’s iShares Ethereum Trust (ETHA) leading the charge by surpassing $10 billion in assets under management — becoming one of the fastest ETFs ever to hit that mark.
Despite steady outflows from Grayscale’s Ethereum Trust (ETHE), the broader group of U.S.-listed spot Ethereum ETFs has seen 15 consecutive days of net inflows, fueled by a resurgence in investor interest and a rally in ETH price.
Nearly $4.6 billion flowed into these products in just the past two weeks — more than half of their total annual inflow — coinciding with a sharp upswing in Ethereum’s performance. ETH is up 26% in the week of July 14 and gained 16% the week prior, currently trading at $3,704 and up 11% on the year.
ETHA’s rise puts it just behind BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) as the third-fastest ETF in history to reach $10 billion in AUM, according to Bloomberg Intelligence.
The launch of spot ETH ETFs followed the massive success of their Bitcoin counterparts earlier this year. The current Ethereum ETF lineup includes offerings from Fidelity, VanEck, Franklin Templeton, Grayscale, and others.
Analysts point to improving regulatory sentiment — including signs of increased SEC engagement with crypto legislation — as a key catalyst behind the renewed inflows. The trend reflects growing institutional confidence in Ethereum’s long-term role in diversified crypto portfolios.
