Ethereum ETF Inflows Shoot $100M, BlackRock’s ETHA Up 45%

Ethereum ETFs have seen robust inflows for 12 consecutive trading days, with BlackRock's ETHA leading with capital rotation from Bitcoin ETF.
By Bhushan Akolkar
Ethereum ETF Inflows Hit 4-Month High As ETH Dominance on BTC Grows

Highlights

  • BlackRock Ethereum ETH (ETHA) share price has shot 45% over past month amid steady inflows.
  • ETHA now manages $3.7 billion in assets, holding over 1.4 million ETH.
  • While BlackRock's Bitcoin ETF (IBIT) faced outflows, its Ethereum ETF (ETHA) consistently attracted funds.

Ethereum ETF inflows have surged significantly, clocking $109.5 million on Tuesday’s trading session. With this, the spot ETFs have seen 12 consecutive days of inflows, with BlackRock iShares Ethereum Trust (ETHA) dominating most of the flows. As a result, the ETHA share price is also up 45% over the past month. On the other hand, strong ETH whale activity has resulted in the altcoin bouncing back above $2,600.

Advertisement
Advertisement

BlackRock’s ETHA Leads Ethereum ETF Inflows

Since mid-May 2025, spot Ether ETFs have seen consistent inflows, now surging to more than $100 million, led by BlackRock’s ETHA. As per data from Farside Investors, ETHA saw $77.2 million in inflows, followed by Fidelity’s FETH at $21 million, and Grayscale mini-Ether ETF (ETH) seeing $8.4 million in inflows.

In what seems to be a classic case of capital rotation, BlackRock is moving funds from Bitcoin to Ethereum. While BlackRock Bitcoin ETF (IBIT) saw sizable outflows, its Ethereum ETF (ETHA) saw consistent inflows at the same time. Amid the current ETH outperformance to BTC since mid-April, institutional money is drifting towards the largest altcoin.

Furthermore, the share price of BlackRock iShares Ethereum Trust (EHTA) has shot up by 45% on the monthly chart, following massive inflows. Despite this, it still remains down 25% on a year-to-date basis, however, the recovery could be swift if the inflows continue further. As of now, ETHA has $3.7 billion in assets under management and holds more than 1.4 million ETH.

Staking Rewards for Ether ETF

Asset manager BlackRock has been working to push the approval of staking on Ether ETFs, which could probably trigger greater institutional inflows. The SEC’s first decision window on BlackRock’s application is slated for Q3 2025. Approval by the securities regulator could set a precedent for integrating staking rewards across PoS-based crypto ETFs. However, following the recent move by RexShares, the US SEC has stated that staking Ethereum ETFs might not get approval and could be subject to securities laws.

Advertisement
Advertisement

Ethereum Whale Scoops $283 Million In ETH

Apart from ETF inflows, blockchain analytics firm Arkham Intelligence has identified a significant tran over-the-counter (OTC) involving 108,278 ETH (worth approximately $283 million). On the other hand, Galaxy Digital’s OTC wallet withdrew 89,000 ETH (valued at $233.5 million) from exchanges over the past 12 hours.

Advertisement
Bhushan Akolkar
Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.