Blackrock’s Ethereum ETF Pulls Single Largest Daily Inflow, But Lags Behind Bitcoin’s $3.63B Netflow

Pooja Khardia
May 21, 2025
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Bitcoin and Ethereum ETF Won’t See Enough Retail Demand Despite UK Lifting Ban, Says Analyst

Highlights

  • BlockRock's Ethereum ETF, ETHA, recorded its highest single-day inflow of $45M on May 20.
  • Fidelity's FETH comes second, pushing the total ETH ETF inflows for the day to $63.8M.
  • Bitcoin ETF still dominates with nearly 5x inflows driven by strong adoption.

The spot Ethereum ETF is pumped with the inflows on the institutional demand as they hit the single-day record of $64.8M on May 20. Earlier, as the stocks and crypto market struggled with Trump tariff news, these exchange-traded funds were also affected significantly, affecting investors’ sentiments and demand. However, ETH and Bitcoin ETF are now returning to momentum, as clear in the previous week’s records.

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Ethereum ETF Records 3-Day Inflow Streak

According to the Farside Ethereum ETF inflows stats, the 9 ETFs cumulatively gained a total net inflow of $64.889M on May 20, which is among the largest single-day inflows recorded. Interestingly, this made the three 3-Day streak, as before this, they gained $13.7M and $22M on May 19 and May 16, 2025, revealing high institutional demand.

In yesterday’s milestone, the top contributor is BlackRock’s ETHA, which had its largest daily inflow of $45M. Fidelity’s FETH is next in line, receiving $19.8M, respectively. As a result, the total ETH ETF AUM is at $8.7B, and the cumulative Net inflow is $2.6B. Additionally, the Ethereum price surpassed $2.6k mark momentarily.

Ethereum ETF inflows

Although the milestone is significant, it is nowhere near the Bitcoin ETF’s normal inflow, let alone the peak.

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Bitcoin Vs Ethereum ETF: Why Bitcoin is Dominating the Inflows?

Bitcoin and Ethereum are the biggest cryptocurrencies in the market and have been competing with each other ever since. The same competition is also persistent in the ETF inflows, and Bitcoin leads the race by multiple folds.

On the day the Ethereum ETF received its biggest single-day inflow, BTC hit $329M, almost 5x more. In this, BlackRock’s IBIT took the lead with $287 million in inflows. Some experts speculate that BlackRock will overtake Satoshi Nakamoto in terms of BTC holdings, as its netflow is of $3.63B.

Bitcoin ETF inflows

Interestingly, there are many reasons behind this difference in inflows between the two. First, Bitcoin is seen as digital gold and has the first-ever digital asset spot ETF approval from the SEC. Its higher adoption and visibility, including the U.S. Strategic Bitcoin Reserve plans, give it the upper hand.

Additionally, its market size and liquidity are higher than ETH’s. Besides, institutional involvement, like MicroStrategy BTC buying, and other push investors towards this crypto and its exchange-traded fund, hence the high inflows.

Interestingly, this has been happening from day one and is likely to continue unless Ethereum witnesses significant updates and demands. The SEC decision on Bitwise’s ETH ETF with staking and other updates could influence the ETFs’ collective inflows.

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Frequently Asked Questions (FAQs)

1. What caused the recent surge in Ethereum ETF inflows?

The surge is driven by rising institutional and retail investors' demand, resulting in a record $64.8M single-day inflow on May 20.

2. What are the top Ethereum ETF contributors who record inflows?

BlockRock’s ETHA and Fidelity’s FETH led to $45.0M and $19.8M inflows on May 20.

3. How does the ETH ETF's performance compare to the Bitcoin ETFs?

While Ethereum saw a record inflow, Bitcoin attracted nearly 5x of that on the same day, presenting higher dominance and demand.
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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.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal 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.

About Author
About Author
Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.
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.