SoSoValue: Ethereum spot ETFs recorded a total net inflow of $65.14 million on July 28, 2025, marking 17 consecutive days of inflows

BlackRock ETHA: +$131.95 million Fidelity FETH: -$49.23 million Grayscale ETHE: -$17.58 million ETH spot ETFs hold a total net asset value of $21.53 billion, making up 4.71% of Ethereum's market cap SoSoValue: Ethereum spot ETFs recorded a total net inflow of $65.14 million on July 28, 2025, marking 17 consecutive days of inflows BlackRock ETHA: +$131.95 million Fidelity FETH: -$49.23 million Grayscale ETHE: -$17.58 million ETH spot ETFs hold a total net asset value of $21.53 billion, making up 4.71% of Ethereum's market cap

Ethereum spot exchange-traded funds (ETFs) continue to gain significant traction, with a total net asset value of $21.53 billion as of July 28, 2025. This represents a 4.71% share of Ethereum's market capitalization. The strong inflows are a testament to growing institutional interest in the cryptocurrency, with Ethereum spot ETFs recording a total net inflow of $65.14 million on July 28, marking 17 consecutive days of inflows [1].

BlackRock's ETHA has been a standout performer among Ethereum spot ETFs. As of July 28, 2025, ETHA has seen inflows of $131.95 million, nearly four times the inflows of Fidelity's FETH, which saw outflows of $49.23 million, and Grayscale's ETHE, which experienced outflows of $17.58 million [2]. This strong performance has positioned ETHA as the fourth-largest ETF by inflows in the last 30 days, according to Farside Investors' data.

The inflows into Ethereum spot ETFs are part of a broader trend of increasing institutional interest in digital assets. The US reached a trade deal with the European Union that may boost market sentiment, and the S&P Global US PMI Composite Output Index rose to 54.6 in July, indicating a healthy economy [1]. Additionally, the SEC's approval of Bitwise's 10 Crypto Index Fund (BITW) into an ETF, albeit paused, reflects the growing acceptance of cryptocurrencies by traditional financial institutions.

The continued inflows into Ethereum spot ETFs suggest that investors are optimistic about the potential of Ethereum as a foundational layer for global internet capital markets. However, the market remains volatile, with BTC's price decrease mid-week coinciding with news of Galaxy Digital's large BTC sale [1]. Despite this, the resilience of Ethereum spot ETFs indicates a strong underlying demand for the cryptocurrency.

In summary, Ethereum spot ETFs have seen significant inflows, with BlackRock's ETHA leading the charge. This trend reflects growing institutional interest in Ethereum and the broader cryptocurrency market. The continued inflows are a positive sign for the market, although investors should remain vigilant to potential market volatility.

References:
[1] https://crypto.com/en/market-updates/crypto-market-pulse-weekly-28-07-2025
[2] https://cryptoslate.com/blackrocks-etha-becomes-4th-largest-etf-by-30%e2%80%91day-inflows-as-ethereum-funds-aim-for-10b/