Ethereum News Today: Ethereum ETFs Pull $4.0 Billion in 2-Week Inflows, Assets Now $19.85 Billion

Spot Ethereum ETFs have attracted over $4 billion in net inflows over a two-week period ending July 30, with $533.9 million added on July 30 alone. Total assets across the eight U.S. Ethereum ETFs now exceed $19.85 billion, driven by a sustained inflow trend starting July 3. BlackRock’s ETHA led the surge, capturing $426.2 million on July 30 and managing $9.26 billion in assets under management (AUM). This performance places Ethereum ETFs ahead of Bitcoin ETFs, which recorded $67.9 million in outflows on the same day. Over the week ending July 14, Ethereum ETFs gathered $990 million—nearly 20% of their existing assets—compared to Bitcoin’s $2.7 billion intake, which accounted for 9.8% of its ETF base [1].

The rapid growth has positioned Ethereum ETF assets at over 4% of the cryptocurrency’s total circulating supply, achieved in under three weeks of trading. Bitwise CIO Matt Hougan estimates that Ethereum ETFs and institutional demand could absorb $20 billion in assets over the next year, equivalent to more than 5.3 million ETH. Given Ethereum’s projected annual issuance of 0.8 million ETH post-merge, this creates a seven-to-one imbalance between demand and supply [2]. Derivatives markets reflect this optimism: Deribit’s $4,000 and $6,000 call options hold $931 million in combined open interest, with Dec-26-25 $10,000 calls commanding $120 million in open interest—a 60% increase in July and ranking fifth among ETH strikes. At current pricing, the $10,000 threshold by Christmas implies a 15% probability, a level historically achievable given ETF flows absorbing six months of Ethereum issuance [3].

Ethereum’s trajectory mirrors past six-month gains of 180%, notably in April–October 2021. Additional catalysts could include a favorable SEC ruling on in-fund staking, easing Federal Reserve policy, and the implementation of EIP-7702’s fee-burn mechanism. BlackRock’s dominance in Ethereum ETFs, with ETHA holding over half of all assets, raises questions about concentration risks if staking is approved. The SEC has not yet ruled on in-fund staking, though regulatory clarity remains promising.

While ETF inflows and derivatives positioning align on a bullish trajectory, risks persist. Regulatory delays, macroeconomic tightening, and broader market sentiment could disrupt short-term momentum. BlackRock’s ETHA now mirrors its dominance in Bitcoin ETFs via IBIT, underscoring the firm’s growing influence in the crypto-ETF landscape.

Source: [1] [title: Is a $10K ETH Christmas rally now base-case? As Ethereum ETFs pull in $4 Billion in 2 weeks] [url: https://cryptoslate.com/ethereum-etfs-pull-in-4-billion-in-2-weeks-is-a-10k-eth-christmas-rally-now-base-case/]

[2] [title: Is a $10K ETH Christmas rally now base-case? As Ethereum ETFs pull in $4 Billion in 2 weeks] [url: https://cryptoslate.com/ethereum-etfs-pull-in-4-billion-in-2-weeks-is-a-10k-eth-christmas-rally-now-base-case/]

[3] [title: Is a $10K ETH Christmas rally now base-case? As Ethereum ETFs pull in $4 Billion in 2 weeks] [url: https://cryptoslate.com/ethereum-etfs-pull-in-4-billion-in-2-weeks-is-a-10k-eth-christmas-rally-now-base-case/]