News

Ethereum ETFs Record Best Week Since Launch With $900M Inflows

Ethereum ETFs recorded $907 million in weekly inflows, marking their best week ever, coinciding with ETH's 17% weekly gain.
Published by
Ethereum ETFs Record Best Week Since Launch With $900M Inflows

Highlights

  • Ethereum ETFs record $907M inflows in one week, highest since launch.
  • This comes in the same which ETH record a 17% gain, reaching the $3,000 psychological level.
  • Institutional demand grows as BlackRock and SharpLink boost Ethereum holdings.

The Ethereum ETFs have recorded a historic week, with their best weekly inflows since their launch last year. This comes in the same week that the ETH price has shown a resurgence, rallying over 17% and reaching the $3,000 level in the process.

Advertisement

Ethereum ETFs Experience Historic Inflows

Based on information provided by SoSoValue, investor funds into Ethereum ETFs totaled $907.99 million over the past week alone. This marked their best weekly outing since they began trading on July 23, 2024. The largest daily inflows this week came on July 10, when these funds took in $383.10 million.

Source: SoSo Value

Commenting on this development, market expert Nate Geraci noted in an X post that these funds took in over $900 million this week. He added that these inflows include three of the top 10 inflow days overall. Besides July 10, the two other top inflow days this week were July 9 and 11, when the ETFs recorded net inflows of $211.32 million and $204.82 million, respectively.

The milestone for the Ethereum ETFs this week coincides with the resurgence in the ETH price. The altcoin is up over 17% this week, according to CoinMarketCap data. Thanks to this rally, Ethereum hit the psychological $3,000 level on July 11 and looks primed to reach new highs.

Source: CoinMarketCap
Advertisement

BlackRock’s ETH Fund In Focus

As CoinGape reported, BlackRock is even now buying more Ethereum than Bitcoin for its respective crypto funds. This occurred on July 10, when the world’s largest asset manager acquired $156 million in ETH, while its BTC purchases totaled $125 million on the same day.

The change reflects a shift in investor interest toward Ethereum’s use cases, including staking profits. The ETH price’s response was not immediate, although accumulation via the ETF would still reduce the coin’s supply.

It is worth noting that the BlackRock Ethereum ETF (ETHA) reached a new milestone of $1 million in its holdings on July 10. On that day, it hit 2 million ETH holdings valued at $300 million.

In an X post, Bloomberg analyst Eric Balchunas noted that ETHA had earlier in the week taken the sixth spot on the weekly flow leaderboard. He remarked that this is the first time that the fund is “hanging with the big dogs.” The analyst added that the fund taking in $675 million in a week is no joke.

Advertisement

Share
Paul

Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via paul@coingape.com

Published by
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.

Recent Posts

  • News

Trump Picks SEC Crypto Counsel Michael Selig to Lead CFTC Amid Crypto Oversight Push

Michael Selig is the latest candidate who has been chosen by President Donald Trump to…

October 25, 2025
  • News

First Spot XRP ETF Hits Milestone as CME Flags Institutional Interest

Institutional momentum in XRP is accelerating as the first U.S. spot XRP ETF ($XRPR) reached…

October 25, 2025
  • Price Analysis

Can Hype Price Hit $50 After Robinhood Listing?

HYPE, the native token of the decentralized exchange Hyperliquid, has witnessed a notable price surge…

October 24, 2025
  • News

XRP News: Ripple Unveils ‘Ripple Prime’ After Closing $1.25B Hidden Road Deal

In the latest XRP news, Ripple has introduced 'Ripple Prime,' which it plans to integrate…

October 24, 2025
  • News

Traders Price In Two More Fed Rate Cuts This Year After Soft Inflation Data

Traders are betting on the FOMC to make two more rate cuts this year following…

October 24, 2025
  • News

Crypto.com Joins Ripple in Banking License Bid Amid Industry Push for Market Structure Bill

Crypto.com has submitted an application with the U.S. National Trust Bank Charter. It aims to…

October 24, 2025