Ethereum News Today: Ethereum ETFs Draw $729M in Fresh Inflows, Pushing Price Near All-Time High

US-listed spot Ethereum exchange-traded funds (ETFs) added $729 million in fresh capital on August 13, marking their seventh consecutive day of positive inflows and the second-largest single-day inflow since their launch last year [1]. The surge follows a record $1.02 billion inflow on August 11, showcasing sustained investor demand for Ethereum-based products [1].

BlackRock’s ETHA led the inflow with $500.9 million, followed by Fidelity’s FETH with $154.7 million. Grayscale’s ETH and ETHE ETFs also reported inflows of $51.34 million and $7.83 million, respectively. Smaller contributions came from Bitwise and Franklin Templeton ETFs, totaling $14 million, while the remaining three ETFs recorded no inflows on the day [1].

Nate Geraci, President of NovaDius Wealth, noted that three of the top six inflow days for Ethereum ETFs since their launch have occurred within the current week, with a cumulative $3 billion in inflows over the past seven trading sessions [1]. This inflow momentum has coincided with a strong price rally for Ethereum, which has surged more than 27% in the last seven days and over 50% in the past month [1].

According to current market data, Ethereum is trading at approximately $4,726, just 2.75% below its all-time high of $4,864, set in November 2021 [1]. Roshan Robert, CEO of OKX US, attributed the upward trend to Ethereum’s strong fundamentals, including record on-chain activity and growing staking participation, with over 36 million ETH—nearly one-third of its total supply—currently locked in staking [1]. He suggested that the reduced float and increasing demand for both spot ETH and staking products could further drive price appreciation.

Geraci emphasized that the consistent inflows into Ethereum ETFs challenge the narrative that these products are merely exit liquidity tools [1]. Ethereum’s price has risen significantly from $3,500 at the time of the July 2024 ETF launch to its current level of $4,726, reflecting the growing acceptance and demand for the asset class [1].

As of 11:35 am UTC on August 14, 2025, Ethereum is ranked second by market capitalization, with a total market cap of $573.62 billion and a 24-hour trading volume of $60.7 billion [1]. The broader cryptocurrency market is valued at $4.13 trillion, with Bitcoin maintaining a dominance of 58.55% [1].

Source: [1] Ethereum ETFs maintain hot streak with $729M in fresh capital, pushing ETH price near ATH (https://cryptoslate.com/ethereum-etfs-maintain-hot-streak-with-729m-in-fresh-capital-pushing-eth-price-near-ath/)