Ethereum ETFs Draw $908M Inflows, Push ETH Above $3,000
Ethereum ETFs recorded a record weekly net inflow of $907.99 million. Data from SoSoValue shows July 9–11 accounted for over 80% of the total, led by a $383.10 million influx on July 10. BlackRock’s iShares Ethereum Trust (ETHA) drove the surge with a single-day inflow exceeding $300 million, bringing cumulative ETHA inflows to $629 million. Fidelity’s FETH and Grayscale’s ETH and ETHE products added $37.3 million, $20.7 million and $18.9 million, respectively. Thursday’s $204 million single-day inflow was the second-highest since July 2024.
The inflows helped trigger a 17% ETH price rally, lifting ether above $3,000 for the first time in months. Analysts attribute the rally to improved regulatory clarity and rising institutional demand. By locking up tokens in ETFs, these inflows have reduced open-market supply and boosted buying pressure. BlackRock’s ETHA now holds over 2 million ETH, highlighting growing Wall Street interest.
With Ethereum ETFs gaining ground on Bitcoin ETFs, traders are evaluating impacts on market liquidity, supply dynamics and long-term sentiment. Strong ETF net inflows suggest that 2025 could be a breakout year for ETH investment products.
Bullish
The strong weekly net inflows into Ethereum ETFs are likely to have a bullish impact on ETH. High institutional demand and regulatory clarity have driven ETF purchases, reducing open-market supply and creating upward price pressure. The surge in capital, especially the record single-day inflows into ETHA, underscores growing Wall Street interest and enhances market sentiment. In the short term, continued ETF inflows could sustain price momentum above $3,000. Over the long term, as ETF adoption broadens, locked-up supply and stable institutional buying may support further gains and deeper market maturity.