Ethereum News Today: BlackRock's ETHA ETF Surges 100% in 10 Days to $10B AUM, Third-Fastest Ever

BlackRock’s iShares Ethereum Trust (ETHA) has surged to become the third-fastest ETF to amass $10 billion in assets under management (AUM), a milestone achieved in 251 days since its launch one year ago [1]. The fund’s rapid growth was underscored by a 10-day leap from $5 billion to $10 billion, a pace described by Bloomberg ETF analyst Eric Balchunas as the “equivalent of a God candle” [2]. ETHA now ranks behind only two Bitcoin ETFs—BlackRock’s iShares Bitcoin Trust (IBIT), which reached $10 billion in 34 days, and Fidelity’s Wise Origin Bitcoin Fund (FBTC), which did so in 54 days—highlighting the accelerating adoption of crypto-based ETFs [3].

The fund’s performance reflects broader market dynamics, with Ethereum ETFs seeing a 14-day inflow streak in July, totaling $4.4 billion since July 3. This includes a $726.7 million daily inflow, the largest since the ETF’s July 2023 debut [2]. Conversely, Bitcoin ETFs have faced recent outflows, with $289 million lost over three trading days as of July 21, signaling a shift in investor preference [3]. Analysts attribute ETHA’s success to Ethereum’s growing utility in decentralized finance (DeFi) and smart contract ecosystems, as well as BlackRock’s institutional credibility.

The milestone underscores crypto ETFs’ disruptive potential in the traditional asset management landscape, which has over 4,400 products but has never seen growth like ETHA’s [1]. NovaDius Wealth Management president Nate Geraci emphasized that the top three fastest ETFs to $10 billion are all crypto-focused, a first in the 30+ year history of ETFs [3]. This trend aligns with Ethereum’s network upgrades and its role as a foundational asset in diversified crypto portfolios.

While ETHA’s rise challenges Bitcoin’s dominance in the ETF space, it also raises questions about regulatory and market risks. The fund’s liquidity, tracking accuracy, and resilience to macroeconomic shifts will be critical in sustaining its position. BlackRock’s leadership in the ETF market may provide an edge, but competition from other Ethereum ETFs will hinge on investor trust and performance consistency.

ETHA’s trajectory serves as a barometer for crypto’s integration into mainstream finance. Its rapid AUM growth and record inflows signal maturation in the crypto ETF sector, with Ethereum emerging as a second pillar alongside Bitcoin. As institutional adoption intensifies, the fund’s performance could influence price dynamics, regulatory frameworks, and the broader acceptance of blockchain-based assets.

[1] [Ethereum ETF ETHA Becomes Third-Fastest Ever to Hit $10B AUM](https://www.bitcoinsensus.com/news/ethereum-etf-etha-becomes-third-fastest-ever-to-hit-10b-aum/)

[2] [BlackRock's ETHA ETF Surpasses $10B in Assets in 1 Year](https://www.ainvest.com/news/ethereum-news-today-blackrock-etha-etf-surpasses-10b-assets-1-year-fastest-etf-growth-history-2507/)

[3] [BlackRock Ethereum ETF Becomes 3rd-Fastest to Hit $10B](https://mx.advfn.com/bolsa-de-valores/COIN/JSTUSD/crypto-news/96492319/blackrock-ethereum-etf-becomes-3rd-fastest-to-hit)