Ethereum News Today: BlackRock’s ETHA Surpassed $10B in 251 Days Driven by 50% Ethereum Price Surge and Strong Inflows

BlackRock’s iShares Ethereum ETF (ETHA) has surpassed $10 billion in assets under management (AUM), achieving the milestone in 251 days—marking it as the fastest non-Bitcoin ETF to reach this threshold and the third-fastest overall in U.S. history [1]. The fund’s rapid ascent reflects a surge in institutional and retail demand, with inflows of $5 billion occurring over just 10 days, a feat described by Bloomberg ETF analyst Eric Balchunas as “the ETF equivalent of a God candle,” referencing a sharp, explosive rise in value [2]. This performance outpaces traditional ETFs like JPMorgan’s Nasdaq Equity Premium Income ETF (JEPQ), which took 444 days to reach $10 billion, and trails only BlackRock’s own Bitcoin ETF (IBIT) and Fidelity’s Bitcoin fund (FBTC), which achieved the milestone in 34 and 54 days, respectively [2].

The ETF’s growth has been fueled by Ethereum’s price trajectory, which rose 50% in a week and over 100% since mid-May 2025, outperforming Bitcoin’s 24% gain during the same period [2]. Ethereum’s price climbed to $3,850, its highest level since December 2024, coinciding with the influx of capital into ETHA. Analysts note that Ethereum’s role in decentralized finance (DeFi) and its energy-efficient proof-of-stake consensus model have enhanced its appeal as an institutional-grade asset. BlackRock’s partnership with Coinbase Prime, offering a 0.25% sponsor fee, and recent filings enabling staking—unavailable for Bitcoin ETFs—have further attracted institutional capital [2].

ETHA’s dominance in the Ethereum ETF sector is underscored by its 51.7% market share, as nine U.S. spot Ethereum ETFs collectively attracted $8.32 billion in net inflows since the July 2024 SEC approval [4]. The fund secured $1.79 billion in inflows last week, accounting for 75% of total Ethereum ETF flows, and now holds $10.69 billion in AUM [4]. This momentum challenges competitors like Vanguard and Fidelity, reshaping market dynamics in the digital asset space [1].

The ETF’s success aligns with Ethereum’s technological advancements and its approaching 10th anniversary, positioning it as a cornerstone of the evolving crypto market [2]. BlackRock’s combined $80 billion in AUM across its Bitcoin and Ethereum ETFs signals growing institutional adoption of crypto assets, with ETHA’s performance likely accelerating the development of DeFi-focused ETFs [2]. Analysts highlight that Ethereum’s maturing ecosystem, regulatory clarity, and innovations like staking reinforce its role as a bridge between traditional finance and blockchain innovation, reshaping how institutional capital engages with cryptocurrencies [2].

Sources:

[1] [BlackRock Ethereum ETF Approaches 3 Million ETH Milestone](https://coingape.com/blackrock-ethereum-etf-approaches-3-million-eth-milestone-challenges-vanguard-in-inflows/)

[2] [ETHA Becomes Fastest Non-Bitcoin ETF To Hit $10B](https://financefeeds.com/etha-becomes-fastest-non-bitcoin-etf-to-hit-10b-eric-balchunas/)

[4] [BlackRock ETHA Secures $440.2M Inflow, 16-Day Streak Boosts AUM to $10.69B](https://www.ainvest.com/news/ethereum-news-today-blackrock-etha-secures-440-2m-inflow-16-day-streak-boosts-aum-10-69b-2507/)