Why are Ethereum ETFs Suddenly So Popular After Pectra?
The post Why are Ethereum ETFs Suddenly So Popular After Pectra? appeared on BitcoinEthereumNews.com.
US Spot Ethereum ETFs have logged 15 consecutive trading days of net inflows, amassing $837.5 million since May 16. The inflow streak started a week after Ethereum’s Pectra Upgrade, which increased EIP-7702 transactions to nearly 1,000 daily and enhanced wallet features without address changes. Ethereum ETFs Hit $837.5 Million Inflow Streak These inflows constitute around 25% of all net inflows since the funds launched in May 2024. The streak marks Ether ETFs’ longest uninterrupted inflow period since late 2024. According to data from SoSoValue, it positions spot Ethereum ETFs at their highest cumulative inflow value to date, now totaling $3.33 billion. Spot Ethereum ETF flows. Source: SoSoValue BlackRock’s ETHA fund leads the Ethereum ETF market in individual inflows, contributing nearly $600 million during this surge. While ETHA boasts the highest inflows, Grayscale’s dual offerings, ETHE and ETH, hold a larger asset base, with $4.09 billion in AUM compared to ETHA’s total. Meanwhile, Fidelity’s offering trails with $1.09 billion, while other funds remain below the $250 million mark. Notably, the surge coincides with a 38% rally in the price of Ether over the past 30 days. Ethereum Price Performance. Source: TradingView Key drivers include renewed institutional interest, optimism around Ethereum’s long-term fundamentals, and the network’s recent Pectra upgrade. Against these backdrops, analysts are optimistic about the Ethereum price outlook. $ETH Giant Fractal Is Screaming Range → Shakeout → Breakout → Parabola We’re seeing the same structure play out almost candle for candle Only difference nowThe base is 100x largerThe fundamentals are 10x stronger $5k – $6k EASY THIS CYCLE pic.twitter.com/WZYJKV913m — Crypto Eagles (@CryptoProject6) June 2, 2025 Despite this, analysts at JPMorgan noted that while institutional allocations are rising, user activity on the Ethereum network has yet to accelerate post-upgrade meaningfully. “Neither the number of daily transactions nor the number of…
Filed under: News - @ June 8, 2025 11:23 am