Ethereum News Today: BlackRock's Ethereum ETF Surges to $10.09B in 251 Days, Third-Fastest in History

BlackRock’s Ethereum ETF (ETHA) has reached a historic milestone, surpassing $10.09 billion in net assets within 251 days of its July 23, 2024, launch, making it the third-fastest ETF in history to achieve this threshold after BlackRock’s IBIT and Fidelity’s FBTC [1]. The fund’s rapid growth was driven by a $324.63 million single-day inflow on July 23, marking a 14-day consecutive streak of net inflows into Ethereum ETFs. Over the past week, ETHA captured 80% of total ETH ETF inflows, collecting $1.76 billion out of $2.18 billion [2]. This surge underscores a broader shift in institutional capital toward Ethereum, with the asset’s ETFs now representing 4.6% of its market cap—a level not seen since the 2020 DeFi boom [3].

The momentum coincided with Ethereum overtaking Bitcoin in spot trading volume for the first time in over a year. Data from CryptoQuant revealed $25.7 billion in ETH spot trades compared to $24.4 billion for Bitcoin during the week of July 23, signaling a structural repositioning of investor preferences [3]. This trend aligns with ETH’s 50% weekly price increase and a 74% year-to-date gain, outpacing Bitcoin’s performance. Meanwhile, Bitcoin ETFs recorded $285 million in net outflows during the same period, highlighting a divergent flow dynamic [2].

Regulatory developments have further fueled Ethereum’s appeal. BlackRock’s recent filing to integrate staking features into ETHA has positioned the ETF as a more attractive vehicle for yield-seeking investors, capitalizing on Ethereum’s post-Pectra upgrade enhancements [3]. Additionally, the U.S. passage of the GENIUS Act, Anti-CBDC Act, and CLARITY Act has provided legal clarity for Ethereum’s role in stablecoins and tokenization, reinforcing its utility as a programmable asset [3].

The ETF’s performance has also reshaped market benchmarks. ETHA ranks among the top five global ETFs in both 1-week and 1-month inflows, outperforming traditional equity and bond funds. Its success reflects a broader institutional embrace of crypto assets through regulated vehicles, with Ethereum ETFs attracting $19.6 billion in total assets since July 2024—a 136% increase from June [3]. Analysts attribute the inflow disparity to Ethereum’s yield-bearing attributes and Bitcoin’s profit-taking pressures after months of gains [3].

Source:

[1] [title1BlackRock's ETH ETF becomes third-fastest ETF to hit $10B] [url1https://www.mitrade.com/insights/news/live-news/article-3-985237-20250725]

[2] [title2Ethereum News Today: BlackRock's ETHA Hits $10B in 251 Days] [url2https://www.ainvest.com/news/ethereum-news-today-blackrock-etha-hits-10b-251-days-fastest-etf-ethereum-surges-50-week-2507]

[3] [title3Ethereum ETFs Surge $332M, Bitcoin Bleeds $285M] [url3https://www.tradingnews.com/news/bitcoin-etf-flows-turn-red-as-ethereum-etf]