Ethereum News Today: BlackRock's Ethereum ETF Hits $10B in 251 Days Surges 50% in Week Outpacing Bitcoin

BlackRock’s iShares Ethereum Trust (ETHA) has achieved a historic milestone, becoming the third-fastest ETF to amass $10 billion in assets under management (AUM) since its launch in early 2024. The fund reached this threshold in 251 days, trailing only BlackRock’s Bitcoin ETF (IBIT) and Fidelity’s Bitcoin Fund (FBTC), which hit $10 billion in 34 and 53 days, respectively [1]. ETHA’s rapid growth reflects surging demand for Ethereum exposure, with $5 billion of its AUM inflating in just 10 days, a phenomenon Bloomberg’s Eric Balchunas dubbed the “ETF assets equivalent of a God candle” [2]. This surge propelled ETHA into the top five ETFs for net flows in both the past week and month, signaling a notable shift in investor sentiment toward Ethereum after Bitcoin dominated attention in the first half of the year [3].

The ETF’s success coincides with a sharp rebound in Ethereum’s price. ETH has gained over 50% in the past week and more than 105% since mid-May, outperforming Bitcoin’s 24% gain in the same period. This price action has lifted Ethereum’s dominance to 11.52%, with its asset price ratio versus Bitcoin rising 2.65% in a single day [4]. The momentum extends to Ethereum ETFs, which have recorded 14 consecutive days of inflows starting July 3, accumulating $4 billion in AUM. Record-breaking daily inflows of $726.7 million on July 16 marked the largest single-day influx since the ETF’s debut, followed by $602 million on July 17 and $533.8 million on July 22 [5].

Meanwhile, Bitcoin ETFs have faced recent headwinds, with three consecutive days of outflows totaling $289 million as of July 21. This contrast highlights a shifting market dynamic: Ethereum’s utility-driven narrative, including recent network upgrades and on-chain activity, is resonating with investors. Growthepie data reveals Ethereum added $500 million in stablecoins on July 23, while daily transaction counts hit a record 24.69 million, underscoring the network’s growing activity [6]. These developments align with Ethereum’s approaching 10th anniversary, fueling expectations of further milestones.

The ETF’s performance underscores a broader transformation in investor behavior. As noted by NovaDius Wealth Management’s Nate Geraci, the top three fastest-growing ETFs to $10 billion are now all spot crypto funds—a rarity in a market with nearly 4,400 products and three decades of ETF history [7]. This trend reflects maturing crypto-ETF adoption, where investors increasingly prioritize technical advancements and use cases over traditional benchmarks. While Bitcoin ETFs remain dominant, Ethereum’s surge signals a diversification in crypto asset allocation strategies, particularly as BlackRock’s ETHA cements its role as a key vehicle for institutional and retail exposure to the second-largest cryptocurrency.

Source:

[1] [BlackRock’s Spot Ethereum ETF Hits $10B, Third Fastest ...] [https://cointelegraph.com/news/blackrock-spot-ether-etf-third-fastest-10-billion-assets]

[2] [BlackRock's Ethereum ETF Rockets to $10B in 10 Days] [https://www.tradingview.com/news/cryptonews:7b3ffebfa094b:0-blackrock-s-ethereum-etf-rockets-to-10b-in-10-days-third-fastest-ever/]

[3] [BlackRock's ETH ETF becomes third-fastest ETF to hit $10B] [https://www.mitrade.com/insights/news/live-news/article-3-985237-20250725]

[4] [BlackRock's Ethereum ETF Roars to $10B, A Crypto First] [https://www.tipranks.com/news/blackrocks-ethereum-etf-roars-to-10b-a-crypto-first]

[5] [BlackRock Ethereum ETF becomes 3rd-fastest to hit $10B ...] [https://www.tradingview.com/news/cointelegraph:f320cf222094b:0-blackrock-ethereum-etf-becomes-3rd-fastest-to-hit-10b-in-assets/]

[6] [Ethereum ETFs Outpace Bitcoin as Price Surges 60% on ...] [https://www.ainvest.com/news/ethereum-news-today-ethereum-etfs-outpace-bitcoin-price-surges-60-staking-yields-regulatory-clarity-2507/]