Ethereum ETFs Experience Significant Capital Inflow as BlackRock's ETHA Hits $300M in a Single Day
Finance/Markets

Ethereum ETFs Experience Significant Capital Inflow as BlackRock's ETHA Hits $300M in a Single Day

Investor interest in U.S.-listed ether ETFs surges, driving the asset price to $3,000.

What You Need to Know:

  • Ethereum’s ether (ETH) is drawing heightened interest from investors, as U.S.-listed spot ETFs are showcasing one of their strongest inflows to date this week.
  • BlackRock’s iShares Ethereum Trust recorded its largest single-day inflow on Thursday, exceeding $300 million, thus raising its total assets under management to $5.6 billion, according to data from Farside Investors.

Broader Context

This recent trend reflects a significant revival in investments tied to ether. The nine U.S.-listed ETH ETFs recorded a total of $703 million in net inflows throughout the week, becoming the third-most substantial weekly influx since their inception in July last year.

In spite of ether’s price having lagged behind Bitcoin’s growth this year, a report from asset management firm Fineqia indicates a remarkable recovery in demand for ether-backed investment products during the first half of 2025.

These developments suggest a promising trajectory for such investment products as they witness increasing popularity, even as the price per ETH has faced challenges.

Additional Notes

The capital influx played a pivotal role in boosting ETH’s value to $3,000, marking its peak price in over four months.

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