BlackRock’s Ethereum ETF Smashes Records: $5B Floods In Just 10 Days

Wall Street's crypto craving hits overdrive as BlackRock's Ethereum ETF becomes a $5B liquidity magnet—faster than a degenerate trader chasing a 100x leverage play.

Institutional FOMO goes brrr

The fund's blistering growth exposes an open secret: TradFi dinosaurs finally understand where the alpha's hiding. Pension funds and hedge funds now ape into crypto like retail during a bull run—just with fancier suits and slower exit strategies.

Bonus jab: Meanwhile, Goldman Sachs still can't decide if blockchain is 'a transformational technology' or 'a speculative asset class' in their weekly flip-flop research notes.

TLDR

• BlackRock’s iShares Ethereum Trust has reached $10 billion in assets under management in just 251 days.
• ETHA is now the third-fastest ETF in history to hit the $10 billion mark.
• The fund recorded $5 billion in inflows over the last ten days alone.
• Ethereum has gained over 50 percent in the past week and 105 percent since mid-May.
• ETHA has consistently ranked in the top five ETFs for net inflows this month.

BlackRock’s ethereum ETF has surged past $10 billion in assets, making it one of the fastest-growing funds in history. This growth reflects strong institutional interest in Ethereum, driven by recent market rallies and rising on-chain activity. The ETF’s rapid ascent signals a shift in sentiment toward Ethereum-focused investment products.

ETH ETF Sets Historic Growth Pace

The BlackRock iShares Ethereum Trust (ETHA) reached $10 billion in assets under management in just 251 days. Only two other ETFs, both spot Bitcoin products BlackRock’s IBIT and Fidelity’s FBTC achieved this milestone faster. ETHA has become the third-fastest fund to reach that mark, underscoring rising demand for Ethereum exposure.

LOOK OUT: $ETHA just hit $10b in one year flat, the 3rd fastest ETF to hit that mark in history after (you guessed it) two Bitcoin ETFs $IBIT & $FBTC. Amazingly it went from $5b to $10b in just 10 days (ETF asset equiv of a God candle). Is in Top 5 in flows 1M, 1W. Sister Hazel! pic.twitter.com/Jrrb15BdHV

— Eric Balchunas (@EricBalchunas) July 24, 2025

ETHA saw a sharp rise of $5 billion in just ten days, signaling a surge in investor participation. This spike placed ETHA among the top five ETFs for weekly and monthly net inflows. Its rapid expansion highlights Ethereum’s improving market perception and growing investor confidence in the asset.

While earlier attention centered on bitcoin ETFs, the trend has shifted as Ethereum gains traction. Recent inflows suggest a strong preference for ETH-focused instruments. This momentum aligns with Ethereum’s price performance and broader ecosystem growth.

BlackRock Fund Drives Institutional Interest

BlackRock’s ETHA has also fueled broader interest in Ethereum ETF products across the market. Competing ETH ETFs have recorded 14 consecutive days of net inflows since July 3, amounting to $4 billion. This trend underscores the deepening investor appetite for Ethereum-based offerings.

During this period, ETH ETFs set new daily inflow records, peaking at $726.74 million on July 16. The second- and third-highest daily totals followed shortly, reaching $602 million and $533.8 million. These figures reflect sustained institutional movement into Ethereum-linked products.

While ETH ETFs saw inflows, spot Bitcoin ETFs faced minor outflows for three straight days this week. This divergence highlights changing preferences among large-scale investors. Although small, Bitcoin outflows contrast with Ethereum’s growing inflow streak.

Ethereum Outperforms Amid Network Growth

Ethereum’s price ROSE more than 50% in the past week and 105% since mid-May, significantly outperforming Bitcoin. Over the past month, Bitcoin increased only 24%, while Ethereum continued climbing. This performance contributed to Ethereum’s recent return above the $3,700 level.

ETH’s trading volume exceeded $41 billion in the past 24 hours, supporting the rally’s strength. Its market dominance rose to 11.52% while Bitcoin held over 60%. The ETH/BTC ratio also increased 2.65%, reflecting a relative shift in investor preference.

On-chain metrics further support Ethereum’s momentum, with the network adding $500 million in stablecoins on July 23. Ethereum also hit an all-time high in daily transactions, reaching 24.69 million. These developments come days before the network’s ten-year anniversary.