BlackRock’s ETHA Soars 7% on $249M Weekly Inflows, Nears $5B Total

iShares Ethereum Trust (ETHA) continues to lead the pack in the crypto ETF space, with $249 million in inflows last week, 89% of the total..

Written by: Arslan Butt • Wednesday, June 11, 2025 • 2 min read

• Last updated: Wednesday, June 11, 2025

Quick overview

iShares Ethereum Trust (ETHA) led the crypto ETF space with $249 million in inflows last week, representing 89% of total spot Ethereum ETF inflows.
ETHA has seen a nearly 100% increase in value over the last two months, closing above $21, with a short-term target of $25.50.
The total net inflow across all Ethereum ETFs has reached $3.5 billion, indicating growing institutional participation in the crypto market.
Staking demand for Ethereum is surging, with over 34 million ETH staked, reflecting increasing investor confidence in Ethereum's long-term utility.

iShares Ethereum Trust (ETHA) continues to lead the pack in the crypto ETF space, with $249 million in inflows last week, 89% of the total $281 million that went into spot Ethereum ETFs. This is the 4th week of net inflows and 17th day of positive momentum for Ethereum funds according to Farside Investors.

Grayscale’s Mini Ethereum Fund came in second with $25.2 million, Fidelity’s FETH with $26.3 million in one day. ETHA brought in over $110 million in the first two days of the week alone, cementing BlackRock’s dominance in the ETF space.

The total net inflow across all Ethereum ETFs is now $3.5 billion, with ETHA nearing $5 billion. Spot Ethereum ETFs are now 3.21% of the total Ethereum market cap, a sign of growing institutional participation in crypto.

ETHA Stock Attracts Active Traders

ETHA shares rose 7% on Monday, closing above $21. The ETF is up nearly 100% in the last two months, largely due to Donald Trump’s “Liberation Day” comments and increasing institutional exposure to Ethereum.

Analysts say ETHA is consolidating in a tight range, forming a bullish wedge with lower highs and higher lows. If it breaks above current resistance, it could go up to $25.50, a 30% move from current price.

ETHA’s Recent Highlights:

Current Price: $21+
Two-Month Gain: Nearly 100%
Short-Term Target: $25.50
Trading Sentiment: Bullish consolidation pattern

With increasing liquidity and momentum, ETHA is becoming the go-to asset for crypto equity traders.

Staking Buzz Fuels Ethereum Optimism

The inflows into ETHA coincides with staking demand surging. Over 34 million ETH is now staked, 28% of the total circulating supply. This is a sign of growing investor confidence in Ethereum’s long term utility and adoption.Traders and analysts are waiting for a breakout. Peter Brandt says Ethereum could hit $3,000 soon if ETF inflows continue.

And speculation is growing that the US SEC will approve staking for Ethereum ETFs.

In a nutshell: ETHA is leading the Ethereum ETF pack with record inflows, growing trader interest and strong Ethereum.

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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.