Ethereum ETF Inflows Hit $300M, Push ETH Above $3K
Ethereum ETF inflows reached a combined $703 million this week, the third-largest since U.S. spot products launched in July 2024. BlackRock’s iShares Ethereum Trust (ETHA) led with a record $300 million single-day net inflow, boosting its assets under management to $5.6 billion.
A Fineqia report shows assets under management for ether-backed exchange-traded products rose 61% faster than ETH’s market capitalization in Q2. The surge in spot ETF net inflows drove ether prices back above $3,000, a four-month high.
Ethereum ETF inflows have now outpaced ETH price gains since late April, underscoring sustained institutional interest in regulated digital assets. Traders may interpret these flows as a bullish signal. Tightening supply and rising AUM could fuel further short-term price momentum and bolster long-term adoption.
Bullish
Record and sustained Ethereum ETF inflows signal strong institutional demand. The surge could tighten available ETH supply, supporting short-term price gains. Over the longer term, rising assets under management and robust net inflows may encourage further product launches and broader adoption of regulated Ethereum instruments. Historical trends suggest that ETF inflows often correlate with bullish price performance.