Ethereum ETFs Register $907 Million Inflows To Set New Weekly Record - Details

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US spot Ethereum ETFs have logged another bullish week, attracting over $900 million in inflows and extending their winning streak to nine consecutive weeks. This development comes amidst the general crypto price rally during which Ethereum (ETH) prices surged to over $2,800.

Related Reading: SharpLink Buys 10,000 ETH From Ethereum Foundation — What Are They Planning?## Ethereum ETFs Hit Highest Weekly Netflows

In the past week, Ethereum registered a remarkable weekly gain of 16.22%. During this period, data from the ETF tracking site SoSoValue shows the Ethereum ETFs registered net deposits of $907.99 million, representing their largest weekly inflows since their launch in July 2024. Before this development, the highest inflows stood at $854.85 registered in the second week of December 2024 amidst the popular crypto bull run.

Of the ATH weekly inflows, BlackRock’s ETHA attracted a resounding $675 million, reflecting an unrivalled market dominance similar to its Bitcoin counterpart. ETHA now boasts $6.14 billion in assets under management, representing 45.38% of the total net assets of spot Ethereum ETFs.

Source: SoSoValueMeanwhile, Fidelity’s FETH and Grayscale’s duo – ETH and ETHE, also recorded significant net deposits valued at $87.04 million, $73.53 million, and $36.64 million, respectively. On the other hand, Bitwise’s ETHW, VanEck’s ETHV, 21 Shares’ CEZT, and Franklin Templeton’s EZET all saw modest inflows ranging between $5 million – $16 million.

However, Invesco’s QETH saw another week of negative netflows as this particular continues to suffer an epileptic performance. Following this week, the cumulative inflows of spot Ethereum ETFs now stand at $5.13 billion, despite ETHA’s singular inflows of $6.47 billion due to significant withdrawals valued at $4.26 billion from the Grayscale ETHA.

In addition, the total net assets of these ETFs are now valued $13.53 billion, representing a 24.93% increase from the previous week. Interestingly, these figures indicate that the spot Ethereum ETFs now account for 3.77% of the total Ethereum market cap. Meanwhile, Ethereum continues to trade at $2,964 following a 0.11% decline in the past day.

Related Reading: XRP ETF Race Heats Up: Why July 14, July 21, And July 25 Are Important## Altcoins ETF Race Underway

In other news, other prominent altcoins aside from Ethereum are likely to soon debut in the US Spot ETF market. Notably, asset managers have submitted a host of altcoin-affiliated ETF applications to the US Securities and Exchange Commission (SEC), looking to replicate the success of the Ethereum and Bitcoin ETFs, in attracting a weighty institutional interest to the crypto market.

Presently, there are over 70 crypto ETF filings looking to grant investors access to Solana, Dogecoin, XRP, Cardano, Litecoin, among other cryptocurrencies. It is likely the SEC will keep issuing a delay on its responses till the final deadline, most of which comes around October.

ETH trading at $2,94 on the daily chart | Source: ETHUSDT chart on Tradingview.comFeatured image from Pexels, chart from Tradingview

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