U.S. Ethereum ETFs See $402 Million Net Inflow Led by BlackRock’s ETHA

On July 18, Ethereum ETFs in the U.S. recorded a combined net inflow of $402.5 million, signaling strong institutional demand even as some funds saw outflows.

The data, shared by Farside Investors, shows that BlackRock’s iShares Ethereum Trust (ETHA) was the dominant driver, attracting $394.9 million in a single day.

ETHA leads inflows, offsetting losses in other funds

ETHA’s performance stood out by far, contributing nearly 98% of the total daily inflow. This continues a multi-week trend of BlackRock capturing the lion’s share of Ethereum ETF demand.

Meanwhile, some funds faced significant outflows. The Fidelity Ethereum Fund (FETH) saw the sharpest single-day decline with a $45.4 million outflow, followed by Grayscale’s ETHE, which lost $27.9 million. Despite this, the overall market still finished the day with a strong net inflow.

Grayscale’s Ethereum Mini Trust (ETH) added $65.3 million, partially offsetting losses from its main vehicle. Other issuers like Bitwise (ETHW) and VanEck (ETHV) posted minor gains of $13 million and $2.6 million, respectively. Funds from 21Shares (CETH), Invesco (QETH), and Franklin Templeton (EZET) recorded no net flow activity.

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Market momentum remains with ETHA

The sustained dominance of ETHA suggests growing investor preference for BlackRock’s Ethereum ETF as the go-to vehicle for ETH exposure. With Ethereum’s price action holding strong above $3,600 and volatility elevated, large capital movements into ETHA may continue to set the tone for ETF flows in the weeks ahead.

Kosta Gushterov

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.