Ethereum ETFs Soar as BlackRock Posts Highest Daily Intake

Ethereum has seen a strong rally this week, pushing past the $3,000 level as investor interest intensifies. This momentum is especially evident in the U.S. exchange-traded fund (ETF) market, where demand has surged sharply. Spot Ethereum ETFs, which directly track Ethereum’s price, have been a key factor in this optimism, entering one of their most active growth phases since launch.

Ethereum ETFs Experience Strong Weekly Inflows Amid Growing Demand

SoSoValue reports that U.S.-listed Ethereum spot ETFs have brought in nearly $908 million in net inflows so far this week. Thursday alone accounted for more than $381 million, making it the most active day of the week.

BlackRock’s iShares Ethereum Trust (ETHA) played a central role in that surge. The fund registered over $300 million in new capital on Thursday, which marked its highest single-day total since launching. On Friday, ETHA added another $137 million, bringing its combined weekly inflow to $629 million. The previous daily record stood at $292.7 million and was set in December of last year.

Nate Geraci, president of NovaDius Wealth Management, confirmed this milestone and revealed the broader trend, noting that it was the second-largest daily total across all Ethereum ETFs since their rollout.

We have a new daily inflow record for iShares Ethereum ETF…

$300+mil. 2nd best day for spot eth ETFs overall since July 2024 launch.

Nate Geraci

Other Ethereum-focused funds also saw notable activity on Thursday. Here’s a quick look at the key inflows:

• Fidelity’s FETH recorded $37.3 million in net inflows.
• Grayscale’s ETH and ETHE products brought in $20.7M and $18.9M.
• Bitwise’s ETHW attracted $3.2 million.
• VanEck’s ETHV received $2.1 million.
• Other ETFs saw no inflows for the day.

By Friday, overall ETF activity cooled slightly but remained strong, with total net inflows reaching $204 million. Grayscale’s ETH and ETHE products brought in $25 million and $10 million, respectively. Fidelity’s FETH added $12 million, Bitwise’s ETHW recorded $8.6 million, 21Shares’ CETH saw $5.1 million, and VanEck attracted $6.6 million.

ETH’s Growing Investor Interest and ETP Expansion Point to Rally

Alongside the surge in ETH ETFs, trader Ted Pillows observed that a newly created wallet purchased nearly $200 million worth of ETH over just two days. He suggested that this activity reflects continued accumulation by informed investors positioning themselves during the current market phase.

A separate report by investment firm Fineqia added further context to the institutional demand. According to their analysis, Ethereum-backed exchange-traded products (ETPs) grew at a pace 61% faster than Ethereum’s own market cap in the first half of 2025. This suggests a steady flow of capital into structured investment vehicles over simply buying the asset directly.

The report further stated that investor activity began picking up in late April, gaining traction through May and June. During this time, the growth in ETP demand exceeded the actual price increase of Ethereum, pointing to broader investor confidence that goes beyond short-term price action.

Meanwhile, market analyst Michael van de Poppe said Ethereum is approaching its final resistance before a significant move upward. He added that Ethereum staking in ETFs should act as the key trigger for this next rally.