Ethereum News Today: Ethereum ETFs Buy 7x More ETH Than Network Produces on Slow Day

Spot Ethereum exchange-traded funds in the United States purchased seven times more ether than the network produced on July 29, 2025, despite the day being labeled a “slow” period for Ethereum issuance. The total inflow into ETH ETFs reached $65.2 million, equivalent to 17,549 ETH, far exceeding the 2,571 ETH ($9.7 million) added to the network through mining and staking rewards that day. This imbalance highlights the growing influence of ETFs in absorbing Ethereum’s newly issued supply, a trend that has persisted since mid-July [1].

Industry educator Anthony Sassano noted that “even on slow days, the ETH ETFs are gobbling up all of the supply,” emphasizing the structural shift in Ethereum’s market dynamics. The disparity between issuance and ETF demand underscores a key driver of ETH’s price action, as ETFs effectively remove circulating supply from the open market, potentially creating upward pressure on the asset. Ultrasound.money data further revealed that ETFs consumed nearly all of Ethereum’s net supply increase of 17,910 ETH over the past week in a single session [1].

The inflow streak for spot Ethereum ETFs now spans 17 consecutive trading days, with $5.2 billion in new capital deposited since July 12. This contrasts sharply with Bitcoin’s 1.34% annual issuance rate, as Ethereum’s inflation rate stands at 0.12%. Despite Ethereum’s inflationary mechanism, ETFs and corporate buying activity are outpacing the rate of new supply creation. Analyst Nate Geraci observed that the current inflow streak, while shorter than the 19-day record from May-June, has already injected nearly four times more capital than the prior benchmark [1].

BlackRock’s iShares Ethereum Trust (ETHA) led inflows with $132 million on July 29, though Fidelity’s FETH fund saw outflows of $49.2 million, according to Farside Investors. ETF analyst Eric Balchunas highlighted ETHA’s unusual trading activity, noting it ranked as the 17th most traded ETF for the day, placing it in the top 0.4% of all ETFs—a first in his experience [1]. The net inflows have supported Ethereum’s price, which has held above $3,800 despite recent minor corrections.

Looking ahead, position trader Bob Loukas anticipates ETH could test $4,700 in the short term if Bitcoin’s price trajectory aligns with expectations. Historical patterns also suggest optimism: August has historically been bullish for Ethereum during post-Bitcoin halving bull markets, with significant gains recorded in 2017 and 2021. If the asset replicates its 2021 August performance, ETH could surpass $5,000 within weeks [1].

The accelerating demand from ETFs, combined with Ethereum’s low inflation rate and favorable historical price trends, positions the network for sustained institutional interest. However, the long-term sustainability of this inflow trend remains contingent on broader market conditions, regulatory developments, and Ethereum’s ability to maintain its technological edge.

Source: [1] “Ethereum ETFs Just Bought 7x More ETH Than Was Issued on ‘Slow Day’” (https://coinmarketcap.com/community/articles/68887e490892f60a23056734/)