Ether ETFs Hit $20.66B AUM as ETHA Leads with $440M in Daily Inflows

US Ethereum exchange-traded funds (ETFs) added $452.72 million in net inflows on Friday, according to SoSoValue.

Quick overview

  • US Ethereum ETFs experienced $452.72 million in net inflows on Friday, marking the 16th consecutive day of positive inflows.
  • BlackRock's iShares Ethereum Trust led with $440.10 million in daily inflows, now holding over 50% of the US Ether ETF market.
  • The ongoing inflow streak has increased total net assets of Ether ETFs to $20.66 billion, reflecting growing investor confidence in Ethereum.
  • Spot Bitcoin ETFs also rebounded with $130.69 million in inflows on Friday, following a brief period of outflows.

US Ethereum exchange-traded funds (ETFs) added $452.72 million in net inflows on Friday, according to SoSoValue. This marks the 16th day in a row of positive inflows, with total net assets now at $20.66 billion or 4.64% of Ethereum’s market cap.

BlackRock’s iShares Ethereum Trust (ETHA) led the way with $440.10 million in daily net inflows, bringing its total assets under management (AUM) to $10.69 billion. ETHA now has over 50% of the US Ether ETF market.

Other flows:

  • Bitwise’s ETHW: +$9.95 million
  • Fidelity’s FETH: +$7.30 million
  • Grayscale’s ETHE: -$23.49 million (cumulative outflow: $4.29 billion)

Friday’s ETF trading was $1.5 billion, showing institutions are still interested in Ether through regulated products.

16-Day Inflow Streak Doubles Net Contributions

Since the streak started on July 2, Ether ETFs have seen daily net inflows go from $4.25 billion to $9.33 billion, more than doubling in less than three weeks. The largest single-day inflow was July 16 with $726.74 million.

This momentum is due to growing investor confidence in Ethereum’s DeFi ecosystem, staking rewards and smart contract infrastructure. Analysts see these ETFs as a way for traditional finance to get into Ether without custody complexities.

Key points:

  • 16-day inflow streak adds $5.08 billion
  • ETH ETFs now have $20.66 billion in net assets
  • Net inflows equal 5.33 million ETH worth of demand, according to Bitwise CIO Matt Hougan

Hougan estimates demand for Ether via ETPs and institutional channels could be $20 billion over the next year while the network will only issue 800,000 ETH – 7x demand-to-supply.

Bitcoin ETFs Rebound After Volatile Week

While Ether ETFs were the star of the show, spot Bitcoin ETFs also saw inflows return, adding $130.69 million on Friday. This follows three days of outflows totalling over $285 million.Despite the mid-week wobble, July has been good for Bitcoin ETFs:

  • July 10: +$1.18 billion
  • July 11: +$1.03 billion
  • Total inflows: $54.82 billion
  • Total net assets: $151.45 billion
ABOUT THE AUTHOR See More
Arslan Butt
Lead Markets Analyst – Multi-Asset (FX, Commodities, Crypto)
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics. His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker. His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

Related Articles

HFM

Doo Prime

XM

Best Forex Brokers