Spot Ethereum ETFs saw $533.9 million in inflows, the 3rd largest single-day gain
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US spot Ethereum ETFs pulled in around $533.9 million in daily inflows, the 3rd largest single‑day gain since these products began trading. The figures point to rising interest in ether from investors. Data from SoSoValue shows that BlackRock’s iShares Ethereum Trust (ETHA) led the way with $426.2 million worth of inflows. Grayscale’s Ethereum Mini Trust added $72.6 million, while Fidelity’s ether ETF brought in $35 million. The total ranks just behind the value of $726.7 million from the previous Wednesday and the $602 million seen last Thursday. Vincent Liu, chief investment officer at Kronos Research, pointed to a drop in bitcoin dominance and steady macro conditions for support of ether’s gains. “ETH’s momentum looks set to sustain in the mid‑term as long as these factors hold,” Liu said. Nick Ruck, from LVRG Research, noted that institutions appear to be turning bullish on Ethereum. He said the record‑high inflows into spot ether ETFs offer “a second opportunity for investors who missed out on Bitcoin’s historic rise,” as part of their reserve strategies for digital assets. Companies are starting to add ether to their balance sheets under new treasury plans. For instance, SharpLink Gaming has already shifted the focus to building up its ether holdings after outlining its Eth treasury strategy earlier in May. By contrast, spot Bitcoin exchange-traded funds saw net outflows of $67.9 million on Tuesday. The previous day, investors had pulled $131.3 million from these funds, indicating a shift away from bitcoin. “We’re seeing a familiar rotation from Bitcoin to Ethereum,” – Min Jung, a research analyst at Presto. “Bitcoin has rallied significantly this year, and for investors who feel they’ve ‘missed’ the BTC trade or are looking for the next opportunity, Ethereum is becoming the natural next step.” Ethereum’s recent rally comes from a surge in structural demand…
Filed under: News - @ July 23, 2025 8:29 pm