Ethereum News Today: BlackRock's ETHA Surpasses $10.09 Billion in Net Assets Driven by Surging Inflows and Ethereum's 50% Weekly Surge

BlackRock’s Ethereum ETF, ETHA, has surpassed $10.09 billion in net assets, marking a historic milestone for the fund just one year after its launch. The rapid growth was driven by a surge in inflows, including $324.63 million in net inflows on July 23 alone, propelling the fund to its current valuation [1]. ETHA’s achievements include doubling its assets from $5 billion to over $10 billion in just ten days and capturing 80% of the category’s total weekly inflows in recent weeks [2]. The fund now ranks as the third-fastest ETF in history to reach $10 billion, trailing only BlackRock’s Bitcoin ETF (IBIT) and Fidelity’s Bitcoin Trust (FBTC) [1].

The ETF’s success coincides with a broader shift in investor preference, as Ethereum’s spot trading volume surpassed Bitcoin’s for the first time in over a year. According to CryptoQuant data, ETH recorded $25.7 billion in spot trades last week, compared to Bitcoin’s $24.4 billion [1]. This trend reflects a structural rotation of capital from Bitcoin to Ethereum and altcoins, fueled by Ethereum’s programmable infrastructure and staking capabilities. The ETH/BTC ETF flow ratio has risen from 0.02 in May to 0.12 by July, underscoring the shift [1].

Institutional demand for Ethereum has outpaced Bitcoin in recent weeks, with ETH ETFs posting their strongest weekly performance since inception. Over the past fourteen trading sessions, ETHA has consistently reported daily net inflows, while Bitcoin ETFs experienced three consecutive days of outflows totaling $285 million [1]. BlackRock’s inclusion of staking features in its ETF structure, recently filed for approval, is expected to further enhance the fund’s appeal to yield-seeking investors [1].

Regulatory clarity has also played a pivotal role in Ethereum’s resurgence. The passage of U.S. bills such as GENIUS, Anti-CBDC, and CLARITY has provided a framework for crypto-related investments, bolstering confidence in Ethereum’s ecosystem [1]. The Pectra upgrade, which enhanced Ethereum’s staking and scalability, has attracted institutional adoption, with the platform now serving as a foundation for tokenization and real-world asset integration [1].

Despite Ethereum’s short-term gains, Bitcoin maintains a larger cumulative inflow of $54.4 billion since its ETF launch in July 2024. However, Ethereum’s recent 50% weekly surge and its role in decentralized applications position it as a preferred platform for institutional capital [1]. The shift in flows highlights broader market dynamics, including Bitcoin holders taking profits after a 74% year-to-date gain, while Ethereum’s growth has drawn new institutional buyers [1].

Source:

[1] TradingNEWS, [https://www.tradingnews.com/news/bitcoin-etf-flows-turn-red-as-ethereum-etf]

[2] AInvest, [https://www.ainvest.com/news/ethereum-news-today-blackrock-etha-hits-10b-251-days-fastest-etf-ethereum-surges-50-week-2507]