Ethereum News Today: BlackRock's ETHA hits $10B AUM in 251 days, third fastest ETF driven by crypto inflows

BlackRock’s iShares Ethereum ETF (ETHA) has cemented its place in ETF history by becoming the third-fastest fund to amass $10 billion in assets under management (AUM), according to Bloomberg ETF analyst Eric Balchunas. The fund achieved this milestone in just 251 days since its launch, outpacing all non-crypto ETFs and trailing only two Bitcoin ETFs—BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC), which reached $10 billion in 34 and 54 days, respectively [1]. ETHA’s rapid ascent was particularly striking in July 2025, when it surged from $5 billion to $10 billion in a mere 10 days [1]. This performance positions ETHA as one of the most dynamic assets in a global ETF market that has grown over three decades to include nearly 4,400 products [1].

The ETHA’s trajectory reflects broader trends in crypto adoption and institutional confidence. Since its launch, Ethereum ETFs have experienced a 14-day inflow streak, with cumulative inflows totaling $4.4 billion since July 3. A single day—July 9—saw $426.22 million enter ETHA, accelerating its path to the $10 billion threshold [2]. This momentum contrasts with the recent slowdown in Bitcoin ETFs, which recorded $289 million in outflows over three trading days in late July [1]. The divergence highlights shifting investor preferences, as Ethereum’s post-merge improvements in energy efficiency and scalability gain traction [1].

Analysts attribute ETHA’s success to a combination of factors. Nate Geraci, president of NovaDius Wealth Management, noted that the three fastest ETFs to reach $10 billion are all spot crypto funds, underscoring the unprecedented speed of crypto-driven capital flows compared to traditional assets [1]. Leap Digital Investments added that ETHA’s dominance in the Ethereum ETF space is reinforced by its market share and record inflows, which collectively exceeded $5 billion across the category [4]. Meanwhile, Ethereum’s foundational role in decentralized finance (DeFi) and smart contract innovation further bolsters its appeal [1].

Despite its rapid growth, ETHA faces headwinds. Regulatory scrutiny and market volatility remain persistent risks, though BlackRock’s broader strategy to integrate crypto into traditional finance—through initiatives like tokenized real estate and market funds—suggests a long-term commitment to the asset class [6]. The firm’s July 14 confirmation of ETHA’s $10 billion AUM aligns with a $4 trillion crypto market increasingly attracting retail and institutional participation [7].

ETHA’s record underscores Ethereum’s evolving role in digital assets, driven by technical advancements and DeFi adoption. As ETFs serve as gateways for indirect crypto exposure, the fund’s performance will likely remain a key indicator of institutional trust in the crypto market [1].

Sources:

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

[2] [Crypto Newsletter, 24/7 Real-Time Market Updates, Global] [https://www.coinglass.com/newsflash]

[4] [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]