$2.27B Floods Into Spot Ethereum ETFs This Week – Bullish Momentum Builds

Wall Street’s latest crypto crush just got hotter. Spot Ethereum ETFs raked in a staggering $2.27 billion net inflow this week alone—proof that institutional money’s still thirsty for digital assets despite the SEC’s trademark foot-dragging.

Why This Matters

That nine-figure haul signals more than just hype. It’s a direct challenge to the old guard’s "crypto’s dead" narrative, with real dollars voting for ETH’s staying power. TradFi giants might still roll their eyes at DeFi punks, but they’re clearly hedging their bets.

The Cynical Take

Of course, half these inflows are probably from the same banks that called Ethereum a ‘scam’ in 2018—nothing like a 10,000% ROI to suddenly make something ‘legitimate.’

Ethereum ETFs Outperforming Bitcoin

Bitcoin ETFs, on the other hand, saw smaller inflows. Yesterday spot BTC ETFs had about $86.91 million in net inflows compared to Ethereum ETFs $729 million on the same day. Data shows that firms like BlackRock and Fidelity are behind much of the inflows. 

Cas Abbé, a market analyst, said in a post on X, “Ethereum ETFs had their second biggest inflow yesterday. BlackRock, Fidelity and others bought a total of 153,000 ETH worth $729.14 million. Interestingly, the biggest inflow also happened this week, which shows big money is going all-in on ETH. It feels like a new all-time high is coming today for Ethereum.”

Ethereum ETFs had their 2nd biggest inflow yesterday.

BlackRock, Fidelity etc. bought a total of 153K ETH worth $729.14 million.

Interestingly, the biggest inflow also happened this week which shows big money is going all-in ETH.

It feels like a new ATH is coming today for… pic.twitter.com/pKyL4PDJhS

ETH Price Enters Acceleration Phase

Year to date, Ethereum (EHT) has posed a gain of 28% while Bitcoin is 27% up. This shows Ethereum is performing better this year overall and likely to attract more investment as there are still plenty of rooms for its price to grow. Total Ethereum ETF assets are now about $29.7 billion. This is roughly 5.22% of Ethereum’s total market value, showing that ETFs are becoming a more important part of the crypto market.

In July, Ethereum ETFs also performed well. Total inflows for the month were $5.43 billion. Early August had two days of outflows, about $617 million in total, signaling investors pulling out their money as a profit taking MOVE due to the positive performance of ETH in July. However, investors returned quickly amid the increased buying momentum of Ethereum, showing confidence in Ethereum.

Also Read: Ark Invest Buys $172 Million Bullish Stock After 83.8% Surge