Ethereum News Today: BlackRock's ETHA Hits 4th Largest ETF by Inflows with $9.3B, Up 120% in July

BlackRock’s Ethereum ETF (ETHA) has surged to the fourth-largest exchange-traded fund (ETF) by 30-day inflows, reflecting robust investor demand for Ethereum-based products. As of July 25, spot Ethereum ETFs have attracted $9.3 billion in inflows for the month, a 120% increase from $4.2 billion recorded on July 1, with an average daily inflow of $233 million [1]. This momentum positions the funds to potentially surpass $10 billion in inflows by month-end, requiring an additional $162.5 million daily over the remaining four trading days. ETHA leads the pack, accounting for 91% of July’s inflows and $9.34 billion in total flows—nearly four times the $2.35 billion for Fidelity’s FETH [1].

The ETF’s performance has drawn attention for its market significance. Bloomberg senior ETF analyst Eric Balchunas highlighted that ETHA ranks fourth among the top 30-day inflow ETFs, capturing nearly $3.9 billion, or 4% of the total $97.6 billion in ETF inflows during the period [1]. Additionally, ETHA’s trading volume climbed to $1.35 billion as of July 28, securing a spot in the top 0.4% of all ETFs by volume for the first time [1]. Analysts attribute the surge to Ethereum’s growing institutional adoption, particularly its role in tokenization, stablecoins, and on-chain settlements. Shawn Young of MEXC Research noted that Ethereum ETF assets under management now represent 5% of the cryptocurrency’s total market cap, signaling its strategic integration into institutional portfolios [1].

While ETHA’s inflows reflect strong investor confidence, the path to $10 billion remains conditional. At the current pace, the $930 million needed in the final four trading days of July is achievable, though a dip in daily inflows below $162.5 million would prolong the timeline. Balchunas emphasized the ETF’s liquidity challenges, noting that its trading volume—while impressive—still lags behind leading equities or fixed-income ETFs [1]. Meanwhile, a separate report from SoSoValue on July 25 cited ETHA’s $440 million in net inflows, reinforcing its dominance in the Ethereum fund landscape [2].

The rapid growth of Ethereum ETFs has broader implications for the cryptocurrency market. With ETHA’s inflows contributing to a 16-day consecutive streak of positive flows, the asset class is demonstrating resilience amid macroeconomic uncertainty. However, analysts caution that sustained inflows will depend on Ethereum’s ability to maintain its utility narrative and technical upgrades, such as the recent tokenization initiatives [1].

Sources:

[1] [title: BlackRock’s ETHA becomes 4th-largest ETF by 30-day inflows as Ethereum funds aim for $10B] [url: https://cryptoslate.com/blackrocks-etha-becomes-4th-largest-etf-by-30%E2%80%91day-inflows-as-ethereum-funds-aim-for-10b/]

[2] [title: Free Platform for Cryptocurrency Prices, ETFs and Market] [url: https://m.sosovalue.com/assets/etf/us-btc-spot]