Ethereum News Today: BlackRock's ETHA Hits $10B in 251 Days, Third-Fastest ETF as Ethereum Surges 50% in Week

BlackRock’s iShares Ethereum Trust (ETHA) has become the third-fastest ETF in history to amass $10 billion in assets under management, achieving the milestone in 251 days since its launch in early 2024. This rapid growth outpaces traditional financial products like JPMorgan’s JEPQ ETF, which took 444 days to reach the same threshold. ETHA’s ascent highlights the shifting investor appetite toward Ethereum, as it now ranks among the top five ETFs by net inflows for the past month and week. The fund’s success is attributed to a surge in institutional and retail demand for spot Ethereum exposure, with inflows accelerating in July amid cooling interest in Bitcoin-focused ETFs [1].

The ETHA’s trajectory has been marked by extraordinary velocity, particularly in late June and early July. Bloomberg Senior ETF Analyst Eric Balchunas noted that the fund surged from $5 billion to $10 billion in just 10 days, a pace he likened to the “ETF assets equivalent of a God candle,” a term describing a rapid and significant price spike. This surge coincided with Ethereum’s price rally, which saw the token gain over 50% in the past week and more than 105% since mid-May. By contrast, Bitcoin recorded a 24% increase over the same 30-day period [1].

The fund’s performance has spilled over into broader Ethereum ETF activity. Since July 3, the 14-day streak of consecutive inflows added approximately $4 billion in assets, including a record $726.74 million on July 16—the largest single-day inflow since the ETF’s debut. The second- and third-largest inflows occurred on July 17 ($602 million) and July 22 ($533.8 million), respectively. Meanwhile, Bitcoin ETFs have faced three consecutive days of outflows, totaling $289 million as of July 21, signaling a short-term shift in market sentiment [4].

Ethereum’s structural advantages, including its role in decentralized finance (DeFi) and staking yields, are cited as key drivers of the ETF’s appeal. On-chain activity has also surged, with Ethereum mainnet adding $500 million in stablecoins on July 23 and hitting a record 24.69 million daily transactions. The token’s price dominance over Bitcoin has increased, with its asset ratio rising 2.65% in a single day and trading volume exceeding $41 billion in the past 24 hours. Analysts like Nate Geraci of NovaDius Wealth Management emphasize that the three fastest-growing ETFs in history are now crypto-focused, underscoring a paradigm shift in asset allocation [2].

While ETHA’s 251-day timeline trails BlackRock’s Bitcoin ETF (IBIT, 34 days) and Fidelity’s Bitcoin ETF (FBTC, 53 days), the recent inflow patterns suggest Ethereum’s momentum could challenge Bitcoin’s dominance in the ETF space. Institutional confidence in Ethereum’s regulatory clarity and utility-driven use cases has further fueled adoption, outpacing traditional equities and fixed-income products.

The ETHA’s success raises questions about the sustainability of crypto ETF growth amid market volatility. However, BlackRock’s leadership in the asset management industry and the Federal Reserve’s cautious regulatory approach suggest continued institutional adoption. As Ethereum approaches its 10th anniversary, its evolving ecosystem and regulatory developments may further bolster the case for spot Ethereum ETFs as a benchmark for digital asset investing [5].

Sources:

[1] [BlackRock's Spot Ethereum ETF Hits $10B, Third Fastest...](https://cointelegraph.com/news/blackrock-spot-ether-etf-third-fastest-10-billion-assets)

[2] [BlackRock's Ethereum ETF Rockets to $10B in 10 Days](https://www.tradingview.com/news/cryptonews:7b3ffebfa094b:0-blackrock-s-ethereum-etf-rockets-to-10b-in-10-days-third-fastest-ever/)

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

[4] [Ethereum ETFs Outpace Bitcoin as Price Surges 60% on...](https://www.ainvest.com/news/ethereum-news-today-ethereum-etfs-outpace-bitcoin-price-surges-60-staking-yields-regulatory-clarity-2507/)

[5] [Record Ether ETF inflows as Bitcoin ETFs slow down](https://cointelegraph.com/news/blackrock-spot-ether-etf-third-fastest-10-billion-assets)