Ethereum News Today: BlackRock's ETHA Hits $10B in 251 Days, Third-Fastest as Spot Crypto ETFs Dominate Growth

BlackRock’s iShares Ethereum ETF (ETHA) has set a new benchmark in the ETF industry by reaching $10 billion in assets under management (AUM) in just 251 days since its launch, making it the third-fastest ETF to achieve this milestone in history [1]. The fund’s rapid ascent was further highlighted by a 10-day surge from $5 billion to $10 billion, a pace described by Bloomberg ETF analyst Eric Balchunas as the “equivalent of a God candle” [1]. This performance outpaces most traditional finance ETFs, including JPMorgan’s Nasdaq Equity Premium Income ETF (JEPQ), which required 444 days to reach the same threshold [1].

The success of ETHA follows a broader trend where spot crypto ETFs are dominating growth records. Alongside BlackRock’s Ethereum ETF, the top two fastest-growing ETFs—BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC)—also focus on cryptocurrencies, reaching $10 billion in 34 and 54 days, respectively [1]. This underscores a shift in investor appetite toward crypto assets, with Ethereum emerging as a key player. NovaDius Wealth Management’s Nate Geraci noted that the three fastest-growing ETFs are all spot crypto funds, reflecting their unprecedented speed compared to traditional financial products [1].

Recent inflow data reinforces ETHA’s momentum. As of July 9, 2025, the ETF recorded daily net inflows of $426.22 million, securing its position as a top performer in both weekly and monthly inflow rankings [1]. Leap Digital Investments highlighted that Ethereum ETFs collectively saw $5 billion in net flows, with ETHA alone attracting the sixth-highest weekly inflow [4]. This surge aligns with Ethereum’s post-merge improvements in energy efficiency and scalability, which have bolstered institutional confidence. BlackRock’s broader crypto strategy is also evident, as its Bitcoin ETF (IBIT) now holds over $80 billion in assets, indicating a trend of diversified crypto exposure [4].

Ethereum’s foundational role in decentralized finance (DeFi) and smart contract innovation further supports its appeal. The asset’s utility in enabling programmable blockchain applications has drawn institutional interest, while ETHA provides a regulated entry point for investors wary of direct crypto ownership [4]. Leap Digital Investments emphasized ETHA’s “dominant position” in the Ether ETF market, citing its large inflows and market share as key indicators of its success [5].

Despite this momentum, challenges remain. Regulatory scrutiny and market volatility could test ETHA’s ability to sustain growth. However, BlackRock’s long-term vision for integrating crypto into traditional finance is clear. The firm has expanded beyond crypto ETFs, exploring tokenized real-world assets and market funds, signaling a strategic commitment to innovation [6]. The July 14 confirmation of ETHA’s $10 billion milestone underscores this alignment, as the fund taps into a $4 trillion crypto market increasingly accessible to both retail and institutional participants [7].

ETHA’s record reflects broader shifts in the crypto landscape, where ETFs are becoming gateways for indirect exposure. While the $10 billion threshold is symbolic, it highlights Ethereum’s resilience and growing institutional acceptance. As the market digests ETHA’s success, its performance will likely serve as a benchmark for Ethereum-based adoption and trust in regulated crypto products.

Sources:

[1] [The Moon Show News and Blogs: Get Daily Crypto Insights] [https://themoonshow.com/blog/]

[4] [Leap Digital Investments] [https://leapdigitalinvestments.com.au/]

[5] [Leap Digital Investments] [https://leapdigitalinvestments.com.au/]

[6] [Goldman Sachs New York Mellon Launches Tokenized Market Fund Tron] [https://www.coinlive.com/news/goldman-sachs-new-york-mellon-launches-tokenized-market-fund-tron]

[7] [Goldman Sachs New York Mellon Launches Tokenized Market Fund Tron] [https://www.coinlive.com/news/goldman-sachs-new-york-mellon-launches-tokenized-market-fund-tron]