BlackRock’s Ethereum ETF Shatters Records with $300 Million Inflow – Here’s Why It Matters
- Why Is BlackRock’s Ethereum ETF Dominating the Market?
- How Does This Compare to Bitcoin ETF Mania?
- What’s Driving the Ethereum Frenzy?
- Is Ethereum’s Price Surge Sustainable?
- What’s Next for Crypto ETFs?
- FAQ: Your Burning Questions Answered
BlackRock’s ethereum ETF (ETHA) just made crypto history, pulling in a jaw-dropping $301 million in a single day—its biggest haul since launching in July 2024. With total assets now at $6.1 billion, ETHA is leaving competitors like Fidelity’s FETH ($1.8 billion) in the dust. Meanwhile, Ethereum’s price surged 7.6% to break $3,000 as trading volumes hit $50 billion. Buckle up—we’ve got the inside scoop on why institutional money is flooding into crypto like never before.
Why Is BlackRock’s Ethereum ETF Dominating the Market?
Thursday (July 10, 2025) wasn’t just another day for ETHA—it was a full-blown institutional stampede. The $301 million daily inflow smashed records, contributing to the fund’s staggering $6.1 billion total. To put this in perspective, allcompeting Ethereum ETFs combined can’t even scrape together $700 million. Bloomberg’s ETF guru Eric Balchunas noted ETHA’s trading volume quadrupled its average, hitting $800 million for two straight days. “When ETH rallies like this, the money follows,” he told us. “This could be the start of something massive.”
How Does This Compare to Bitcoin ETF Mania?
While Ethereum’s stealing headlines, bitcoin ETFs are flexing too. Thursday saw $1.17 billion pour into spot Bitcoin funds—the best day since November 2024. BlackRock’s IBIT alone grabbed $448.5 million, pushing its total to a mind-bending $53.4 billion. “IBIT’s volume doubled its usual $5 billion,” Balchunas observed. “When you see spikes like this during price rallies, billion-dollar inflows usually follow.”
What’s Driving the Ethereum Frenzy?
Three words: institutional FOMO. Nearly $900 million flooded Ethereum ETFs in just six sessions this July, per Farside data. Even after Grayscale’s $4.2 billion outflows, the sector’s net inflows exceed $5 billion. Nate Geraci of Nova Dius Wealth puts it bluntly: “We’re still in the early innings. Most financial advisors haven’t even started allocating yet—imagine when Vanguard stops blocking these funds.”
Is Ethereum’s Price Surge Sustainable?
With ETH breaking $3,000 (up 7.6% Friday) and spot volumes hitting $50 billion, traders are betting big. BTCC analysts point to two factors: 1) ETHA’s inflows represent 129,500 ETH bought in a day—equivalent to February 2025’s entire first half, and 2) derivatives markets show shorts getting liquidated at a rapid clip. “This isn’t retail speculation,” notes our trading desk. “These are institutions building long-term positions.”
What’s Next for Crypto ETFs?
The numbers speak for themselves:
Fund | Assets (USD) | Daily Inflow (July 10) |
---|---|---|
ETHA (BlackRock) | $6.1B | $301M |
FETH (Fidelity) | $1.8B | $82M |
IBIT (Bitcoin) | $53.4B | $448.5M |
As Balchunas quipped, “If this were a horse race, BlackRock would be lapping the field twice.” With Bitcoin and Ethereum ETFs now mainstream, the real question is: Which asset manager will be next to blink?
FAQ: Your Burning Questions Answered
How much has BlackRock’s Ethereum ETF raised total?
$6.1 billion as of July 10, 2025—over 3x its nearest competitor.
What caused Ethereum’s price to jump 7.6%?
Record ETF inflows (129,500 ETH purchased Thursday) combined with heavy short liquidations.
Are Bitcoin ETFs still growing?
Absolutely—BlackRock’s IBIT saw $448.5 million inflows the same day, totaling $53.4 billion.
When did ETHA launch?
July 2024, making its $6B+ accumulation in just one year particularly impressive.