Ethereum News Today: BlackRock’s ETHA Reaches $10B in 251 Days, Fastest Ethereum ETF Growth Driven by Technical Upgrades

BlackRock’s iShares Ethereum 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 one year ago. According to Bloomberg ETF analyst Eric Balchunas, ETHA surpassed the $10B threshold in 251 days—far outpacing traditional financial benchmarks like the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), which required 444 days to reach the same level [1]. The fund’s meteoric growth was further highlighted by its 10-day surge from $5B to $10B, a pace Balchunas described as the “equivalent of a God candle,” underscoring its unprecedented momentum in the crypto ETF space [1].

The rapid ascent of ETHA follows in the footsteps of BlackRock’s Bitcoin ETF (IBIT), which set a record by hitting $10B in just 34 days. However, ETHA’s performance has distinguished itself as the fastest-growing Ethereum-specific fund to date, outperforming other crypto ETFs such as Fidelity’s Wise Origin Bitcoin Fund (FBTC), which took 54 days to reach $10B [1]. NovaDius Wealth Management’s Nate Geraci noted that the three fastest ETFs to breach the $10B mark are now all spot crypto funds, reflecting a seismic shift in investor demand toward digital assets [1]. This trend aligns with Ethereum’s technical advancements, including post-merge improvements in energy efficiency and scalability, which have bolstered institutional confidence in the asset.

Recent inflow data further illustrates ETHA’s dominance. By July 9, 2025, the fund recorded $426.22 million in daily inflows, accelerating its path to $10B AUM [2]. Over the 14 days ending July 19, Ethereum ETFs collectively saw $4.4 billion in inflows, including a record $726.7 million single-day influx—the largest since their July 2024 debut [1]. This contrasts with Bitcoin ETFs, which have seen a slowdown in July, marked by three days of outflows totaling $289 million after a 12-day inflow streak [1]. Leap Digital Investments highlighted ETHA’s “dominant position” in the Ethereum ETF market, citing its sixth-highest weekly inflow among all crypto ETFs and its 6% market share [3].

The fund’s success is also tied to broader market dynamics. Ethereum’s role in decentralized finance (DeFi) and smart contract innovation has enhanced its utility beyond a store of value, while BlackRock’s broader strategy to tokenize real-world assets signals a long-term commitment to integrating crypto into traditional finance [4]. However, challenges remain. Regulatory scrutiny and market volatility could test ETHA’s ability to sustain its growth trajectory, particularly as crypto markets face periodic corrections.

Analysts suggest that ETHA’s record reflects Ethereum’s evolving role in the digital asset landscape. With BlackRock’s Bitcoin ETF now exceeding $80B in AUM, the firm’s dual approach—offering exposure to both Bitcoin and Ethereum—caters to investors seeking diversified crypto allocations through regulated, liquid vehicles [5]. The July 14 confirmation of ETHA’s $10B milestone aligns with a $4 trillion crypto market increasingly attracting institutional participation. As ETFs become gateways for indirect crypto exposure, ETHA’s performance is likely to serve as a key indicator of Ethereum-based adoption and institutional trust in the asset class.

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]

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

[4] [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]

[5] [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]