Ethereum News Today: Ethereum ETFs Draw $1.7B Inflows as ETH Rises 10% to $4,700

Investor enthusiasm for Ethereum has shown no signs of slowing, as spot Ether exchange-traded funds (ETFs) have continued to attract substantial capital inflows. On August 3, U.S. spot Ethereum ETFs received $523.9 million in net inflows, with BlackRock’s ETHA leading the charge with $318.67 million [1]. This momentum persisted into early August 2025, as the month saw over $1.7 billion in net inflows into Ethereum ETFs, in stark contrast to Bitcoin ETFs, which faced $436 million in outflows [2].

The inflows reached a peak on August 10, when BlackRock’s Ethereum ETF recorded a record-breaking $638 million in a single day, followed by an additional $311 million the next day, bringing total inflows in 48 hours to nearly $949 million [3]. By this point, spot Ethereum ETFs had seen as much as $1 billion in daily inflows, with ETHA capturing over half of that amount [4].

The increased inflows have had a direct effect on Ethereum’s price performance. Over 24 hours, ETH surged nearly 10%, reaching $4,700 on August 9 [5]. Over the past six days, Ethereum ETFs have seen more than $2.3 billion in inflows, with the token inching closer to its all-time high of $4,867 [6]. Standard Chartered recently raised its year-end price target for Ethereum to $7,500, attributing the optimism to strong demand from corporate treasuries and ETFs, which have absorbed nearly 4% of Ethereum’s supply [7].

While Bitcoin remains the dominant force in the crypto market, Ethereum is steadily gaining ground. Bitcoin’s market share has dropped to 58.4%, while Ethereum spot ETFs now hold $27.6 billion in total net assets, representing 4.77% of the token’s overall market capitalization [8]. The broader crypto market has also seen a rise in value, with total capitalization reaching $4.07 trillion, driven by a surge in altcoin performance led by Ethereum [5].

Analysts have weighed in on the implications of these developments. Arthur Hayes suggested that if Bitcoin reaches $150,000, Ethereum could rise above $8,500, supported by strong ETF inflows and a total value locked (TVL) of $90 billion in the Ethereum ecosystem [9]. These observations highlight a shifting dynamic in the crypto market, where Ethereum is increasingly emerging as a key player alongside Bitcoin.

Source:

[1] US spot Ethereum ETFs record $523.9M in inflows (https://coinjournal.net/news/us-spot-ethereum-etfs-record-523-9m-in-inflows-after-record-breaking-session/)

[2] Ether catches up with Bitcoin: crypto market rises to historical highs (https://unn.ua/en/news/ether-catches-up-with-bitcoin-crypto-market-rises-to-historical-highs)

[3] BlackRock's Ethereum ETF Sees $949M Inflows in 48 Hours (https://www.bitcoinsensus.com/news/altcoins/blackrocks-ethereum-etf-sees-949m-inflows-in-48-hours)

[4] Google Search Figures for Altcoins Skyrocket as Bitcoin Dominance Slumps (https://u.today/google-search-figures-for-altcoins-skyrocket-as-bitcoin-dominance-slumps)

[5] Ethereum Rockets to $4700 as Altcoin Season Talks Heat Up (https://www.bitcoinsensus.com/news/altcoins/ethereum-rockets-to-4700-as-altcoin-season-heats-up)

[6] Ether 'marching' toward all-time highs as traders predict (https://www.bitget.com/news/detail/12560604910466)

[7] Ethereum price nears all-time while Standard Charter sees upside to $7500 (https://crypto.news/ethereum-price-nears-all-time-while-standard-charter-sees-upside-to-7500/)

[8] Ethereum Surpasses Bitcoin in 2025 Performance as ETH ETFs... (https://www.ccn.com/news/crypto/ethereum-bitcoin-2025-performance-eth-etfs/)

[9] Ethereum Whale Group Sells $88M as Profit Taking Rises (https://coinpaper.com/10482/ethereum-whale-group-sells-88-m-as-profit-taking-rises)