Ethereum News Today: BlackRock's ETHA Hits $10B AUM in Year, Surpassing Bitcoin ETFs in Inflows

BlackRock’s iShares Ethereum Trust (ETHA) has achieved a milestone of surpassing $10 billion in assets under management (AUM) within a year of its launch, marking a significant development in the cryptocurrency ETF market. The fund, which tracks Ethereum’s market price, became the third-fastest ETF in U.S. history to reach this threshold, trailing only two Bitcoin-focused funds [1]. This rapid growth reflects a surge in institutional and retail investor interest, driven by Ethereum’s technological advancements and regulatory clarity. Bloomberg ETF analyst Eric Balchunas noted that ETHA doubled its AUM from $5 billion to $10 billion in just 10 days, underscoring the velocity of inflows into Ethereum-based products [2].

The ETF’s performance highlights a shift in capital allocation toward Ethereum, with Ethereum ETFs collectively attracting $4.7 billion in monthly inflows as of July 2025. On July 17, Ethereum ETFs recorded $602 million in net inflows, outpacing Bitcoin ETFs, which garnered $523 million on the same day [3]. This trend underscores growing confidence in Ethereum’s role as a foundational asset for decentralized finance (DeFi) and smart contract ecosystems, which offer diversification beyond Bitcoin’s traditional store-of-value narrative. Analysts attribute the momentum to Ethereum’s proof-of-stake consensus mechanism, which reduces energy consumption and aligns with evolving environmental, social, and governance (ESG) priorities.

While ETHA’s growth is notable, it remains outpaced by BlackRock’s iShares Bitcoin Trust (IBIT), which set the benchmark for rapid asset accumulation in 2024 [4]. However, Ethereum ETFs are closing the gap by introducing unique features such as staking capabilities. BlackRock has submitted applications to enable staking within ETHA, a move that could generate yield for investors once approved. The U.S. Securities and Exchange Commission’s recent clarification that staking rewards constitute income rather than securities has cleared regulatory hurdles, potentially enhancing the fund’s appeal [5].

The surge in ETHA’s AUM aligns with broader market dynamics, including Ethereum’s post-merge efficiency and macroeconomic optimism. Institutional adoption of custodial solutions and risk-management tools has further normalized crypto ETF participation, reducing barriers for mainstream investors. With 13 consecutive days of inflows totaling $4 billion in July 2025, ETHA’s trajectory signals maturing investor sentiment toward digital assets as legitimate portfolio components. As regulatory frameworks evolve and Ethereum’s utility expands, the fund’s performance may continue to reflect the growing integration of crypto into traditional finance.

Sources:

[1] [BlackRock's Ethereum ETF Rockets to $10B, Third-Fastest History](https://decrypt.co/331582/blackrocks-ethereum-etf-rockets-10b-third-fastest-history)

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

[3] [Ethereum ETFs recorded $533.87 million in net inflows on Tuesday](https://m.economictimes.com/crypto-news-today-live-23-jul-2025/liveblog/122843865.cms)

[4] [BlackRock's spot Bitcoin ETF remains the leader in rapid asset accumulation](https://www.binance.com/en/square/news/all)

[5] [BlackRock's iShares Ethereum Trust (ETHA) has topped $10 billion in assets](https://decrypt.co/331773/crypto-market-retreats-amid-record-liquidity-froth)