BlackRock’s ETH ETF hits $10B milestone in record time! – Details
The post BlackRock’s ETH ETF hits $10B milestone in record time! – Details appeared on BitcoinEthereumNews.com.
Key takeaways BlackRock ETH ETF, ETHA, hit $10 billion, making it the third-fastest growing product to hit the milestone after two spot BTC ETFs. Will ETH push higher or cool off? U.S. spot Ethereum [ETH] ETFs (exchange-traded funds) have been on a tear recently. In particular, BlackRock’s ETH ETF, ETHA, saw massive inflows and hit $10 billion milestone in assets under management (AUM). This feat has even rivaled some traditional products, noted Bloomberg ETF analyst Eric Balchunas, adding that, “$ETHA just hit $10b in one year flat, the 3rd fastest ETF to hit that mark in history after two Bitcoin ETFs $IBIT & $FBTC.” Source: X BlackRock’s and Fidelity’s spot Bitcoin ETFs were the 1st and 2nd to hit the milestone, followed by ETHA. But ETHA’s inflows streak was unique in one aspect; it doubled from $5 billion AUM to $10 billion in the past two weeks of trading, a move Balchunas called a ‘God candle.’ 11 weeks of ETH ETF inflows The spot ETH ETF products have seen positive inflows for 11 weeks straight. On the 24th of July, they saw a daily net inflow of $231 million, setting the 15th consecutive day of net inflows. Source: Soso Value Notably, the renewed surge in daily net inflows from early July rallied ETH from $2.4K to $3.8K, posting a 45% monthly gain. But the rally, also backed by massive demand from ETH treasury firms, has attracted significant selling. In fact, mid-July saw ETH profit-taking hit $1.4 billion per day on average, mirroring the levels seen during past local peaks in 2024. Source: Glassnode At press time, ETH traded at $3.6K, down 6% from the recent high of $3.8K amid a sharp BTC drop to $115K. This could be a healthy retreat before taking a stab at $4K since the Open…
Filed under: News - @ July 25, 2025 11:26 am