US Ethereum ETFs Surpass $4 Billion in Net Inflows
- Ethereum ETFs accumulate US$ 4 billion in net inflows
- Fidelity and BlackRock lead Ethereum ETFs in the US
- Ethereum ETFs reach $89 billion in volume
Ethereum spot exchange-traded funds (ETFs) in the United States have surpassed the $4 billion mark in cumulative net inflows, less than a month before their first anniversary, scheduled for July 23. The information was obtained based on industry data, revealing strong institutional interest even in the face of geopolitical instability.
On Monday, June 23, ETFs added more than $100 million in new inflows — the largest daily volume of the week. Fidelity’s FETH fund led the way with $60,5 million, outpacing BlackRock’s ETHA ETF, which raised $25,8 million on the same day. Grayscale’s ETHE and ETH products saw inflows of $9 million and $5,4 million, respectively.
While ETFs have netted $4 billion, that figure already takes into account the $4,3 billion in outflows from Grayscale’s ETHE fund since its conversion from a closed-end fund to an exchange-traded fund. Without that adjustment, net inflows would have reached $8,3 billion in total.
Grayscale’s ETHE market share has fallen from 89,7% at launch to 30,2% in June, with some of those assets moving to its mini ETH product. BlackRock’s ETHA currently leads the segment with a 31,8% share, followed by Fidelity’s FETH at 18%, while Grayscale’s ETH ETF holds 15,5%.
Nate Geraci, President of The ETF Store, commented: “Spot Ethereum ETFs just surpassed $4 billion in cumulative inflows since launch. Includes $4,3 billion in outflows from the ETHE unlock. Sounds pretty successful to me.”
Spot eth ETFs just surpassed $4bil in cumulative inflows since launch…
*Includes* $4.3bil outflows from ETHE unlock.
Seems pretty successful to me.
I remember when “pundits” thought top end for spot *btc* ETFs in yr 1 would be $5bil.
People always moving goalposts.
— Nate Geraci (@NateGeraci) June 24, 2025
Since launch, the cumulative trading volume of spot Ethereum ETFs in the US has reached $89 billion, with a daily average of $840 million, although the peak was $1,5 billion in February.
By comparison, Bitcoin ETFs in the U.S. saw $34,7 billion in net inflows in the first 11 months, with the current total standing at $47,3 billion. However, considering Ethereum’s market cap — currently at $290,3 billion — the metrics are proportional.
On the spot market, Bitcoin was trading at $105.091, up 3,2% in the last 24 hours. Ethereum, in turn, rose 6,3%, quoted at $2.403.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AI Capital Expenditure Faces a Dilemma: Accelerating Puts Pressure on Cash Flow, Slowing Down Undermines the Growth Narrative
Nomura Securities believes that the AI investment narrative is mired in an internal contradiction: if hyperscale cloud providers accelerate capital expenditures, their free cash flow will continue to be drained, raising doubts about the sustainability of financing; if they slow down, it would indicate a loss of confidence in AI demand and profitability expectations. Both paths lead to sell-offs. The crowded long positions accumulated during the AI agent boom in September have triggered large-scale stop-losses under negative catalysts, spreading to US Treasury bonds, exchange rates, and commodity markets, resulting in systemic deleveraging.
Amazon (AMZN.US) CEO: AWS cloud computing capacity is fully booked until 2027, and a large amount of capacity has already been committed by customers for 2028
On Friday, Jassy stated that with the growing demand for artificial intelligence (AI) infrastructure, Amazon AWS cloud computing capacity is virtually sold out through 2027, and a significant portion of 2028 capacity has also been pre-booked by customers.
AI trading collapse: Will Anthropic postpone its "Super IPO"? The "scheduled listing date" in mid-November is approaching.
The time window is extremely tight—according to SEC regulations, the S-1 filing must be submitted by next week at the latest, and prediction markets estimate the probability of a listing within the year at around 80%. The sell-off in the AI sector has cast a shadow over the listing prospects, and the previous plan to go public in September has already fallen through. Several market participants say that Anthropic may face pressure to delay its listing, but some analysts point out that the company's urgent need for capital may drive it to stick to the original plan.
Crypto prices
More
