Ethereum ETFs See Record $907.99 Million Inflows in Best Week Ever
Ethereum exchange-traded funds (ETFs) experienced their best week since inception, with record net inflows of $907.99 million. This surge, the largest weekly inflow since
ETFs began trading on July 23, 2024, was heavily concentrated over three consecutive days: July 9, 10, and 11. The largest daily inflow occurred on July 10, with ETH ETFs attracting $383.10 million. The subsequent days saw inflows of $211.32 million on July 9 and $204.82 million on July 11, indicating strong and sustained investor demand. Market analyst Nate Geraci noted that three of ETH ETF’s top 10 inflow days occurred this week, highlighting increasing institutional demand and growing market sentiment for Ethereum products. This rapid growth is particularly notable given the slow start of Ethereum ETFs, suggesting that 2025 could be their breakout year with better regulatory clarity and investor interest.ETH has surged over 17% in the last week, breaking and holding above the $3,000 mark on July 11 for the first time in months. This rally is partially fueled by ETF purchases, which reduce supply in the open market. Ethereum's widespread use in DeFi, smart contracts, and staking rewards continues to attract both retail and institutional investors. The sustained buying pressure shows no signs of ebbing, with analysts predicting further gains if macroeconomic conditions remain stable. BlackRock’s Ethereum ETF (ETHA) holdings exceeded 2 million ETH as of July 10, valued at approximately $300 million, reflecting growing interest in Ethereum’s long-term value propositions.
Ethereum ETFs are increasingly challenging
ETFs, which have traditionally dominated the crypto ETF space. Initially met with cautious optimism and lackluster retail flows, Ethereum ETFs are now gaining significant traction. BlackRock's substantial ETH purchases compared to BTC indicate a narrative shift, with Wall Street investors recognizing Ethereum's potential. Ethereum's utility as a yield-producing asset through staking and its strong ecosystem in dApps, DeFi protocols, and NFTs make it an attractive investment. As more traditional enter the crypto market, the Ethereum ETF market could expand, potentially accounting for a higher percentage of the overall crypto ETF market. Although Bitcoin leads in total ETF volume, Ethereum is gaining ground faster than anticipated.
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