Ethereum News Today: BlackRock's Ethereum ETF Hits $10 Billion in 251 Days, Third-Fastest U.S. ETF to Milestone

BlackRock’s iShares Ethereum Trust (ETHA) has achieved a landmark feat by amassing $10 billion in assets under management (AUM) within 251 days of its launch, making it the third-fastest ETF in U.S. history to reach the threshold. This rapid growth places ETHA alongside BlackRock’s Bitcoin ETF (IBIT) and Fidelity’s Bitcoin ETF (FBTC), the only other funds to hit the $10 billion milestone in under a year. The Ethereum-based ETF’s ascent to this level in just 251 days far outpaces traditional benchmarks, where such AUM typically takes years to accumulate [1][2]. The fund’s meteoric rise from $5 billion to $10 billion occurred in a mere 10 days, a pace described by Bloomberg’s senior ETF analyst Eric Balchunas as the “equivalent of a God candle” in terms of inflow velocity [3].

The ETHA ETF’s performance underscores a seismic shift in institutional demand for crypto assets. Unlike its Bitcoin-focused counterparts, which have seen recent inflow declines, Ethereum ETFs have dominated the July inflow landscape, with daily net inflows frequently exceeding $500 million. According to SoSoValue data, the nine U.S.-listed Ether ETFs have enjoyed a 14-day streak of positive flows, adding $4.4 billion since July 3. This includes a record $726 million influx in a single week, signaling sustained bullish sentiment [4]. By contrast, Bitcoin ETFs ended a 12-day inflow streak with a $289 million outflow over three trading days, highlighting a temporary shift in investor preference toward Ethereum [5].

Analysts attribute ETHA’s success to a combination of BlackRock’s institutional credibility, Ethereum’s network upgrades, and the ETF’s direct exposure to the cryptocurrency. Unlike derivative-based crypto funds, ETHA holds Ethereum on-chain, reducing counterparty risk and appealing to investors seeking transparency. Nate Geraci of NovaDius Wealth Management noted that the three fastest ETFs to reach $10 billion are now all spot crypto products, a testament to the asset class’s unprecedented adoption speed in a 3-decade-old ETF industry [6]. This momentum is further fueled by Ethereum’s evolving utility as a platform for decentralized applications and its ongoing transition to a proof-of-stake consensus model, which has enhanced its appeal as a strategic investment [7].

The ETF’s rapid AUM growth also reflects broader institutional confidence in regulated crypto exposure. While Bitcoin remains the dominant cryptocurrency, Ethereum’s role in diversified crypto strategies is gaining traction, particularly as firms navigate regulatory uncertainties. BlackRock’s ETHA has set a high bar for efficiency, outpacing even the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), which took 444 days to reach $10 billion [8]. However, challenges persist, including Ethereum’s price volatility and evolving regulatory frameworks. As the crypto ETF market matures, the competition to offer Ethereum exposure is intensifying, with providers now racing to innovate and secure market share in this rapidly expanding niche [9].

Source:

[1] [BlackRock’s Ethereum ETF Surge: $10 Billion in Record Time](https://en.cryptonomist.ch/2025/07/25/blackrock-eth-etf-surge-10-billion-reached-in-record-time/)

[2] [Ethereum ETFs Hit $10 Billion as Institutional Demand Surges](https://coincentral.com/ethereum-etfs-hit-10-billion-milestone-as-institutional-demand-surges/)

[3] [Eric Balchunas on ETHA’s Record Inflows](https://zycrypto.com/blackrocks-spot-ethereum-etf-becomes-third-fastest-to-reach-10-billion-in-assets/)

[4] [SoSoValue ETF Inflow Data](https://coincentral.com/ethereum-etfs-hit-10-billion-milestone-as-institutional-demand-surges/)

[5] [Bitcoin ETF Inflow Declines in July](https://zycrypto.com/blackrocks-spot-ethereum-etf-becomes-third-fastest-to-reach-10-billion-in-assets/)

[6] [Nate Geraci on Crypto ETF Growth](https://zycrypto.com/blackrocks-spot-ethereum-etf-becomes-third-fastest-to-reach-10-billion-in-assets/)

[7] [Ethereum’s Role in Institutional Portfolios](https://www.bankless.com/read/blackrocks-etha-hits-10-billion)

[8] [ETHA’s AUM Expansion](https://www.xt.com/en/blog/post/blackrocks-ether-etf-becomes-3rd-fastest-fund-to-hit-10b-in-a-year)

[9] [Crypto ETF Market Competition](https://www.tradingview.com/news/cointelegraph:f320cf222094b:0-blackrock-ethereum-etf-becomes-3rd-fastest-to-hit-10b-in-assets/)