Ethereum News Today: BlackRock's Ethereum ETF ETHA reaches $10B in 251 days third-fastest ever as demand surges

BlackRock’s iShares Ethereum ETF (ETHA) has shattered records to become the third-fastest exchange-traded fund to amass $10 billion in assets under management (AUM), achieving the milestone in just 251 days since its launch in mid-2024[3]. The rapid growth underscores surging institutional and retail investor demand for Ethereum exposure, with the ETF surging from $5 billion to $10 billion in a mere 10-day span[1]. Bloomberg ETF analyst Eric Balchunas described the pace as “the equivalent of a God candle,” highlighting ETHA’s unprecedented velocity compared to traditional financial products[1].

The ETF’s trajectory places it alongside two Bitcoin-focused ETFs—BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC)—which reached $10 billion in 34 and 54 days, respectively[3]. ETHA’s achievement cements its status as one of the fastest-growing ETFs in history, outpacing even JPMorgan’s Nasdaq Equity Premium Income ETF (JEPQ), which took 444 days to hit the same AUM threshold[1]. NovaDius Wealth Management’s Nate Geraci emphasized the broader implications, noting that the top three fastest-growing ETFs are now all spot crypto funds, reflecting a seismic shift in capital allocation toward digital assets[1].

The ETF’s success coincides with a broader inflow trend for Ethereum-based products. SoSoValue data revealed a 14-day inflow streak for U.S. Ether ETFs in July, with $4.4 billion added since July 3, including a $726.7 million single-day inflow—the largest since the ETF’s debut last July[1]. This momentum contrasts with recent outflows from Bitcoin ETFs, which saw $289 million in net outflows over three days following a 12-day inflow streak[1]. Analysts attribute ETHA’s appeal to Ethereum’s ongoing network upgrades, such as the transition to Ethereum 2.0, which enhance scalability and energy efficiency, alongside growing regulatory clarity and institutional-grade custody solutions[2].

BlackRock’s Ethereum ETF highlights the evolving role of spot crypto ETFs in bridging traditional and digital asset markets. By offering a regulated, liquid vehicle for Ethereum exposure, ETHA reduces barriers for traditional investors while fostering greater market stability. However, its growth still trails that of Bitcoin ETFs, underscoring the latter’s dominant position in crypto markets. The fund’s 251-day timeline to $10 billion remains a testament to Ethereum’s unique value proposition, as investors increasingly view it as a foundational layer for decentralized finance and innovation.

Source: [1] [Ethereum ETF ETHA Becomes Third-Fastest Ever to Hit $10B AUM](https://www.bitcoinsensus.com/news/ethereum-etf-etha-becomes-third-fastest-ever-to-hit-10b-aum/) [2] [BlackRock’s ETHA ETF Surpasses $10B in Assets in 1 Year](https://www.ainvest.com/news/ethereum-news-today-blackrock-etha-etf-surpasses-10b-assets-1-year-fastest-etf-growth-history-2507/) [3] [JSTUSD - BlackRock Ethereum ETF Becomes 3rd-Fastest to Hit $10B](https://mx.advfn.com/bolsa-de-valores/COIN/JSTUSD/crypto-news/96492319/blackrock-ethereum-etf-becomes-3rd-fastest-to-hit)