Ethereum ETFs Record $1B Inflows as ETH Nears 2021 High
Ethereum ETFs saw record inflows of over $1 billion in a single day, surpassing the prior $726.6 million high. BlackRock’s iShares Ethereum Trust led the surge with $640 million, while ProShares and VanEck products also posted strong gains. Nine Ethereum ETFs now manage more than $10 billion in assets, highlighting growing institutional investment and market confidence. The rush into these funds triggered a sharp price rally in ETH. Initially, the price climbed to around $3,300 and later surged to approximately $4,500, just 8% below its 2021 all-time high. Continued Ethereum ETF inflows and the prospect of US approval for spot ETFs could sustain bullish momentum in both the short and long term.
Bullish
The record inflows into Ethereum ETFs signal growing institutional confidence in regulated crypto products and have directly driven a substantial price rally in ETH. Strong single-day subscriptions, especially the $640 million into BlackRock’s iShares Ethereum Trust, boosted total AUM above $10 billion, reducing supply pressure and attracting further buyer interest. Historically, similar ETF inflows have correlated with enhanced liquidity and positive price trends. In the short term, continued large inflows and potential approval of spot Ethereum ETFs are likely to sustain upward momentum. Over the long term, expanded institutional participation and regulatory clarity could underpin stable growth for ETH, reinforcing a bullish outlook.