BlackRock’s ETHA Books Record Inflow as ETFs Attract $700M This Week

Ethereum’s ether (ETH), the second largest crypto asset, is seeing renewed investor curiosity, with spot exchange-traded funds (ETFs) within the U.S. recording considered one of their strongest streak of momentum of their one-year historical past.

On Thursday, BlackRock’s iShares Ethereum Trust (ETHA) booked its largest every day influx so far, with over $300 million, pushing its whole belongings underneath administration to $5.6 billion, information compiled by Farside Investors present.

That’s a part of a broader resurgence in ether-backed funding merchandise.

The 9 U.S.-listed ETH ETFs attracted a mixed $703 million in web inflows this week, based on crypto information supplier SoSoValue. Although Friday’s information continues to be pending, it has already marked the third-strongest weekly haul because the merchandise launched final July.

Investor demand has picked up currently even as ether’s worth has lagged behind bitcoin this yr, a brand new report from asset supervisor Fineqia famous.

The AUM of ETH-backed exchange-traded merchandise (ETPs) grew 61% sooner within the first half of 2025 than the market capitalization of the underlying asset, an indication of regular inflows into the merchandise, the report stated.

The report notes that ETP demand started to rebound by late April and continued into June, outpacing ETH’s worth achieve.

The capital flood helped gas ETH’s rebound to $3,000, its highest worth in additional than 4 months.

Read extra: Ethereum Foundation Sells 10,000 ETH to SharpLink in First-Such OTC Deal