Ethereum News Today: BlackRock's ETHA hits $10B AUM in 251 days third-fastest ETF driven by institutional Ethereum adoption

BlackRock’s iShares Ethereum Trust ETF (ETHA) has achieved a historic milestone, becoming the third-fastest exchange-traded fund to reach $10 billion in assets under management (AUM) since its launch. The fund, which tracks Ethereum (ETH), accomplished this feat in 251 days, significantly outpacing traditional ETF growth benchmarks. This surge followed a remarkable 10-day period where ETHA’s AUM jumped from $5 billion to $10 billion, driven by $3.29 billion in net inflows during that span [1]. The rapid growth underscores the escalating institutional interest in Ethereum and the broader crypto market, with ETHA now ranking alongside two Bitcoin ETFs as the fastest-growing ETFs in history [2].

Bloomberg ETF analyst Eric Balchunas highlighted the unprecedented speed of ETHA’s rise, describing the $5 billion-to-$10 billion jump as the “equivalent of a God candle” in market terms [1]. The fund’s performance also positions it ahead of JPMorgan’s Nasdaq Equity Premium Income ETF (JEPQ), which required 444 days to reach the same AUM threshold [1]. NovaDius Wealth Management’s Nate Geraci emphasized that the top three fastest-growing ETFs are now all spot crypto funds, a stark departure from the traditional finance landscape, which has seen over 4,400 ETFs over three decades without such rapid growth [1].

While ETHA’s trajectory is impressive, it still trails BlackRock’s iShares Bitcoin Trust (IBIT), which set a record by hitting $10 billion in AUM just 34 days after its January 2024 launch [1]. Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed closely, achieving the same milestone in 54 days. The disparity in growth rates reflects differing adoption curves for Bitcoin and Ethereum in institutional portfolios. Analysts attribute this to Bitcoin’s entrenched dominance and perceived stability compared to Ethereum’s evolving use cases, such as its shift to a proof-of-stake model and integration with decentralized finance (DeFi) [2].

Recent market dynamics further illustrate Ethereum’s growing appeal. ETHA and other Ether ETFs have seen a 14-day inflow streak in July, with cumulative inflows totaling $4.4 billion since July 3. This includes a $726.7 million single-day inflow—the largest since the ETF’s July 2023 debut [1]. In contrast, Bitcoin ETFs have experienced a slowdown, with outflows of $289 million over three trading days in late July [1]. The shift suggests growing demand for Ethereum as an alternative to Bitcoin, particularly as regulatory clarity expands access to crypto assets.

The milestone highlights Ethereum’s strategic role in bridging traditional finance and crypto markets. ETHA’s success aligns with broader trends, including improved regulatory frameworks and institutional confidence in digital assets. However, questions remain about the sustainability of such rapid growth amid Ethereum’s price volatility and the competitive landscape of crypto ETFs. BlackRock’s dual focus on Bitcoin and Ethereum has solidified its leadership in the sector, with ETHA’s achievement serving as a key indicator of institutional confidence in Ethereum’s long-term potential [2].

Source:

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

[4] [BlackRock Q2 2025 Earnings Beat Estimates] (https://mlq.ai/news/)