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

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.

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.

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.