Ethereum News Today: BlackRock's ETHA Hits $10B in 251 Days, Third-Fastest ETF Growth Driven by Institutional Demand

BlackRock’s iShares Ethereum Trust (ETHA) has surged to $10 billion in assets under management (AUM) in 251 days, marking the third-fastest pace in exchange-traded fund (ETF) history. The ETF’s ascent from $5 billion to $10 billion was completed in just 10 days, drawing comparisons to a “God candle,” a term used in trading to describe an exceptionally strong price move, according to Bloomberg ETF analyst Eric Balchunas [1]. ETHA now joins BlackRock’s Bitcoin ETF (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) as the three fastest ETFs to reach the $10 billion threshold [2].

The rapid growth underscores a shift in institutional demand toward regulated crypto exposure. Balchunas noted that all three of history’s fastest-growing ETFs are spot crypto funds, highlighting the sector’s disruptive potential [3]. Ethereum’s market cap, roughly one-third of Bitcoin’s, is now demonstrating comparable institutional traction, albeit at a slower pace than its more established counterpart. For context, BlackRock’s Bitcoin ETF (IBIT) achieved the same $10 billion milestone in 34 days, while Fidelity’s FBTC took 54 days [4].

Recent inflows have further accelerated ETHA’s momentum. On July 22, 2025, spot Ethereum ETFs recorded a $534 million net inflow—the third-highest on record—driven by growing institutional appetite [5]. Over the week, Ethereum ETFs collectively added $8.32 billion in net assets since their July 23, 2024, launch. BlackRock’s ETHA led the charge, capturing $426.22 million in a single day on July 23, ahead of Grayscale and Fidelity [6]. Total holdings across U.S.-listed Ethereum ETFs reached $19.85 billion by July 23, with Ethereum’s $726.74 million daily inflow on July 16 marking a record high [7].

The ETF’s success reflects broader confidence in Ethereum’s real-world tokenization use cases, as noted by Nate Geraci of NovaDius Wealth Management. He emphasized the significance of crypto ETFs dominating the fastest-growth rankings, given the ETF industry’s 30-year history and nearly 4,400 existing products [8]. This trend suggests that traditional investors are increasingly embracing digital assets within regulated frameworks, accelerating Ethereum’s adoption alongside Bitcoin.

ETHA’s performance also highlights the competitive landscape for crypto ETFs. While Bitcoin ETFs remain dominant with over $54 billion in total inflows, Ethereum’s $20 billion in combined holdings signals a maturing market. The speed at which ETHA has scaled—from $5 billion to $10 billion in a month—underscores the urgency of institutional demand and the ETF industry’s adaptation to digital assets.

Source:

[1] [BlackRock’s Ethereum ETF Rockets to $10B in 10 Days – Third-Fastest Ever](https://cryptonews.com/news/blackrocks-10b-etha-ethereum-etf-shatters-record-5b-to-10b-in-just-10-days/)

[2] [BlackRock’s Ethereum ETF Rockets to $10B in 10 Days – Third-Fastest Ever](https://cryptonews.com/news/blackrocks-10b-etha-ethereum-etf-shatters-record-5b-to-10b-in-just-10-days/)

[3] [BlackRock’s Ethereum ETF Rockets to $10B in 10 Days – Third-Fastest Ever](https://cryptonews.com/news/blackrocks-10b-etha-ethereum-etf-shatters-record-5b-to-10b-in-just-10-days/)

[4] [BlackRock’s Ethereum ETF Rockets to $10B in 10 Days – Third-Fastest Ever](https://cryptonews.com/news/blackrocks-10b-etha-ethereum-etf-shatters-record-5b-to-10b-in-just-10-days/)

[5] [BlackRock’s Ethereum ETF Rockets to $10B in 10 Days – Third-Fastest Ever](https://cryptonews.com/news/blackrocks-10b-etha-ethereum-etf-shatters-record-5b-to-10b-in-just-10-days/)

[6] [BlackRock’s Ethereum ETF Rockets to $10B in 10 Days – Third-Fastest Ever](https://cryptonews.com/news/blackrocks-10b-etha-ethereum-etf-shatters-record-5b-to-10b-in-just-10-days/)

[7] [BlackRock’s Ethereum ETF Rockets to $10B in 10 Days – Third-Fastest Ever](https://cryptonews.com/news/blackrocks-10b-etha-ethereum-etf-shatters-record-5b-to-10b-in-just-10-days/)

[8] [BlackRock’s Ethereum ETF Rockets to $10B in 10 Days – Third-Fastest Ever](https://cryptonews.com/news/blackrocks-10b-etha-ethereum-etf-shatters-record-5b-to-10b-in-just-10-days/)