Ethereum (ETH) exchange-traded funds (ETFs) are on the verge of reaching $10 billion in inflows this month, with BlackRock’s ETHA climbing to the position of the fourth-largest ETF in terms of inflows over the last 30 days.
According to data from Farside Investors, spot Ethereum ETFs have seen $9.3 billion in inflows as of July 25, marking a significant 120% increase from the $4.2 billion recorded on July 1. This streak of inflows has continued for 16 consecutive days.
The average daily inflow is $233 million, potentially totaling over $930 million in the remaining four trading days of July.
Even if the average inflow varies, the ETFs need $162.5 million daily to hit $10 billion, and 13 out of 16 days have exceeded this amount.
ETHA leads the inflows by a significant margin, accounting for $9.34 billion in total flows, almost four times higher than Fidelity’s FETH with $2.35 billion in inflows. In July, the BlackRock fund represented 91% of the total.
ETHA Emerges Among Top ETFs
Bloomberg senior ETF analyst Eric Balchunas highlighted that ETFs attracted $97.6 billion in inflows in the past 30 days. ETHA claimed the position as the fourth-largest ETF, with nearly $3.9 billion in inflows, accounting for about 4% of the total.
Balchunas also noted that ETHA ranked 17th in trading volume among ETFs as of July 28, 11:25 am ET, stating:
“$ETHA 17th most traded ETF today Top 0.4% of all ETFs, first time I recall seeing it in there. Given it is up 5% today and still pretty new a lot of this volume is gonna convert to inflows.”
As of the current time, ETHA’s daily trading volume is $1.35 billion, according to CoinMarketCap.
Growing Confidence in Ethereum
Shawn Young, chief analyst at MEXC Research, suggested that the increasing inflows are driven by both institutional investors and corporate treasuries showing interest in ETH.
Young emphasized that this surge reflects a growing belief in Ethereum’s utility, sustainability, and long-term viability, especially in tokenization, stablecoins, and on-chain settlements.
He concluded:
“The rise of Ether ETF AUM to over $20 billion, which represents almost 5% of Ether’s total market cap, speaks to this growing strategic asset role it’s now occupying in institutional portfolios.”
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