Ethereum ETFs See $240 Million Inflows Driven by Bullish Price Movements

Investor demand for Ethereum-backed spot exchange-traded funds (ETFs) has surged, driven by the asset’s bullish price movements. On June 11, spot Ethereum ETFs recorded $240 million in net daily inflows, marking the second-highest total for 2025. This significant inflow was led by BlackRock’s iShares Ethereum Trust (ETHA) with $160 million, followed by Fidelity’s FETH at $37 million. Grayscale’s two Ethereum products brought in over $32 million, while Bitwise’s ETHW fund added another $6 million. This day of inflows was the strongest since February 2, when combined inflows surpassed $300 million.

This trend of increasing capital into Ethereum ETFs has been consistent, with investors adding capital for 18 consecutive trading sessions. This has pushed cumulative inflows over the past few weeks to approximately $1.2 billion. Ethereum-linked ETFs now hold $3.74 billion in net inflows and $11.05 billion in net assets, representing around 3.25% of the crypto’s market value. Nate Geraci, president of ETF Store, highlighted the resilience of this trend despite structural limitations, noting that current ETF offerings do not yet support staking rewards or in-kind transactions, leaving room for future product evolution.

Ethereum’s strengthening ETF flows mirror a broader bullish turn in its market performance. The asset recently climbed past $2,800, its highest level in nearly four months. This bullish sentiment is further supported by the derivative markets, which reflect rising institutional interest. Open interest in Ethereum futures recently set a new record, topping $41 billion. Market observers linked this surge in activity to Ethereum’s successful Pectra upgrade in May, which tackled long-standing challenges and made the network more attractive to developers and users.

Regulatory signals have also contributed to the positive outlook. US SEC Chair Paul Atkins recently suggested that the agency is considering regulatory flexibility for DeFi participants. Such moves are seen as a step toward creating a more supportive environment for blockchain innovation, which would significantly benefit ETH’s growth. Additionally, recent developments at the Ethereum Foundation further evidence the blockchain network’s ambition to cement its leadership among smart contract-enabled platforms.

Valentin Fournier, lead research analyst at BRN, told that ETH’s growing inflows and sustained strength suggest it is well-positioned to lead the next market rally, driven by increasing institutional confidence in the asset. This bullish view is unsurprising given the recent developments and the positive regulatory environment surrounding Ethereum.