🚀 Ethereum ETFs Gobble Up 7x More ETH Than Issued in Record ’Slow Day’ Frenzy

Wall Street's crypto appetite just outran Ethereum's minting press—again.

ETF buyers swallowed seven times more ETH than the network produced yesterday. So much for a 'quiet' market.

When institutions want exposure, they don't nibble—they gorge. Even on days when ETH issuance slows to a trickle, the funds vacuum up supply like it's going out of style.

Funny how traditional finance suddenly loves blockchain efficiency... when there's profit to be extracted.

$5 Billion Infows in 17 Days

BlackRock’s iShares ethereum Trust (ETHA) had another three-figure inflow day with $132 million, but that was offset by Fidelity’s FETH fund outflowing $49.2 million, according to Farside Investors.

ETF analyst Eric Balchunas reported that ETHA was the 17th most traded ETF today, in the top 0.4% of all ETFs, “first time I recall seeing it in there,” he said.

Spot Ethereum ETFs have not seen an outflow day since July 2, almost a month ago. Moreover, they have seen a whopping $3.8 billion in inflows over the past ten trading days.

The inflow streak is now 17 days with almost $5.2 billion in new capital, and the record streak was 19 days from May to June, though only $1.4 billion in inflows, observed industry expert Nate Geraci.

Ethereum issuance is currently inflationary, but only at 0.12% per year. Comparatively, Bitcoin issuance is 1.34% per year, but both assets are being accumulated at faster rates by ETPs and corporations.

Over the past week, the ETH supply has increased by around 17,910 ETH, according to Ultrasound.money. However, spot ETFs consumed almost all of that in one slow day on Monday.

Where to Next For ETH?

The asset has retreated slightly over the past 24 hours but was still trading around a multi-month high of $3,800 at the time of writing.

Position trader Bob Loukas said it “still feels like juice in the tank,” predicting a MOVE to $4,700 in the short term, “if we get the BTC move over next four weeks.”

Additionally, August is usually a bullish month for Ethereum during post-Bitcoin halving bull market years, with big gains in 2017 and 2021. If ETH repeats its performance from August 2021, it could surge above $5,000 next month from current levels.

August is usually a bullish month for Ethereum during post-halving years!

Send $ETH to $10,000. pic.twitter.com/aTZsVfE3KD

— CryptoGoos (@crypto_goos) July 28, 2025