Ethereum ETFs Break Records as Demand Skyrockets

BlackRock’s Ethereum ETF just saw its biggest single-day inflow ever, pushing ETH to a six-month price high.

BlackRock’s Ethereum ETF shatters records with $489M inflow, ETH rallies 30% in two weeks.

BlackRock's iShares Ethereum Trust (ETHA) just posted its biggest day ever, pulling in $489 million—its largest inflow since launching in July. That came with a massive $1.8 billion in trading volume, signaling a major surge in institutional interest. Over the past five trading days, ETHA alone attracted $1.25 billion, making up nearly 20% of its total inflow since inception.

The excitement wasn't limited to BlackRock. Across all U.S. Ethereum ETFs, daily inflows hit a record $720 million, crushing the previous high of $430 million. Fidelity’s FETH saw $113 million, and Grayscale’s mini trust added $54 million—both posting their best days in months.

With ETFs now holding 5 million ETH (4% of the total supply), demand is outpacing supply by an enormous margin. Ethereum-focused treasuries also hold $5.3 billion worth of ETH and are buying at 36 times the rate of daily ETH production. On top of that, ETH investment funds have logged 12 straight weeks of inflows, including $990 million just last week.

Meanwhile, ETH’s price hit a six-month high of $3,420 before settling near $3,350—up 30% over the last two weeks and well ahead of Bitcoin’s 8.5% gain in the same period.