Ethereum News Today: U.S. Spot Ethereum ETFs See Record $726.74M Inflow Driving 10% Ethereum Gain

The U.S. spot Ethereum ETFs experienced an unprecedented single-day inflow of $726.74 million on Wednesday, marking the highest daily net inflow ever recorded. This surge in investment was driven by a combination of factors, including a bullish shift in market sentiment and increased institutional interest in Ethereum.

BlackRock’s ETHA led the way with a massive inflow of nearly $500 million, significantly increasing its holdings by 0.83%. This substantial investment underscored the growing influence of institutional players in the cryptocurrency market. Other notable inflows included Grayscale’s ETHE, which added $33.04 million, and Fidelity’s FETH, which saw an increase of $113.31 million. Additionally, Bitwise’s ETHW, Grayscale’s ETH, and VanEck’s ETHV recorded inflows of $14.45 million, $54.18 million, and $3.69 million, respectively. Franklin Templeton’s EZET and Invesco’s QETH also contributed to the overall inflow, adding $5.10 million and $3.72 million, respectively.

The cumulative inflows brought the total net assets in the U.S. spot Ethereum ETF to $16.41 billion, a record value since the SEC approved the digital asset class about a year ago. This significant influx of capital had an immediate impact on the price of Ethereum, pushing it above $3,400 for the first time since January 2025. The cryptocurrency gained over 10% on Wednesday, achieving its highest single-day profit in over two months amid significant bullish momentum.

Ethereum’s rally continued into Thursday morning, with the cryptocurrency gaining over 4% in the early hours of the day to trade at $3,460. Many analysts expect the altcoin to continue its upward trend and potentially retest its historical highs during a full-fledged altcoin season. This price surge was a direct result of the heightened demand for ETH, as investors sought to capitalize on the growing popularity and potential of the cryptocurrency. The influx of capital into spot Ethereum ETFs underscored a broader trend of institutional adoption, with major players in the financial industry recognizing the value and potential of Ethereum as an investment asset.

The record-breaking inflow into spot Ethereum ETFs on July 16, 2025, is a testament to the growing acceptance and integration of cryptocurrencies into the mainstream financial system. As more institutional investors enter the market, the demand for ETFs as a means of gaining exposure to digital assets is likely to continue to rise. This trend is expected to drive further growth and innovation in the cryptocurrency industry, as well as increased adoption and acceptance of digital currencies as a legitimate investment asset.