Spot Ethereum ETFs See Renewed Inflows — Grayscale Leads $10.21M Rotation

Published: 2026-02-14 05:35:32 |

U.S. spot Ethereum ETFs reversed recent outflows with a $10.21 million net inflow on Feb. 13, 2025, signaling renewed institutional interest. Fund-level flows were mixed: Grayscale’s Mini ETH led with +$14.51M, VanEck’s ETHV +$3.00M, Fidelity’s FETH +$2.04M, while BlackRock’s iShares Ethereum Trust (ETHA) saw -$9.34M. Compared with an earlier Feb. 3 report that showed a $15M collective inflow led by BlackRock’s ETHA, the Feb. 13 data indicate rotation between issuers rather than uniform new capital — capital appears to be reallocating toward Grayscale’s Mini product and other competitive structures. Analysts cite stabilizing ETH prices, progress on Ethereum’s upgrade roadmap and softer inflation data as drivers boosting demand for alternative assets. For traders, these ETF flows imply potential upward spot-market buying pressure (issuers buy ETH to back new shares) and active fund-level rotation; however, experts warn daily ETF flows remain volatile and meaningful signals require sustained trends over weeks or months. Primary SEO keywords: spot Ethereum ETF, Ethereum ETF inflows, Grayscale Mini ETH, ETH ETF flows, institutional crypto demand.

Bullish

Net inflows into spot Ethereum ETFs — particularly a sizable allocation to Grayscale’s Mini ETH — suggest increased institutional demand that can translate into direct spot-market buying because issuers purchase ETH to back new shares. Although fund-level flows are mixed and include outflows from major players like BlackRock’s ETHA, the net positive on Feb. 13 indicates rotation toward products perceived as more attractive (fees, structure). In the short term, these flows can create upward price pressure on ETH as ETF issuers buy to cover new share issuance, and intra-fund rotation can drive volatility around rebalancing windows. Over the medium to long term, sustained and growing ETF inflows would tighten available exchange supply and support higher price benchmarks; conversely, if inflows prove transitory and daily flows remain choppy, price impact will be limited. Given the current data — modest net inflow but clear rotation toward Grayscale — the immediate price bias is bullish, while monitoring weekly/monthly trends is essential to confirm lasting impact.