BlackRock Drives Ethereum ETF Inflows Past Bitcoin With $96M Weekly Total

BLK1.54%
ETH-2.72%
ETHE-2.06%
BTC-1.74%

Ethereum is trading around $1,900 after gaining 8% across seven days, driven by institutional buying through U.S. spot Ethereum exchange-traded funds. The first three trading days this week attracted $96 million in ETF inflows, surpassing last week's $84 million total, with Wednesday alone bringing $53.8 million in net inflows. BlackRock's ETHA accounted for $45.3 million of Wednesday's inflows, while ETHB added another $4 million. This concentrated institutional demand contrasts with Bitcoin spot ETFs, which recorded a $424 million net outflow before recovering with $181 million in inflows the next session.

BlackRock ETHA Dominates Weekly Ethereum ETF Inflows

U.S. spot Ethereum ETFs attracted $96 million during the first three trading days this week, already exceeding last week's $84 million total. Wednesday's session alone brought $53.8 million in net inflows. BlackRock's ETHA accounted for $45.3 million of that total, while ETHB added another $4 million. The remaining funds contributed minimal amounts to the weekly inflow figure.

Bitcoin ETFs Record Net Outflows Before Recovery Session

Spot Bitcoin ETFs recorded a $424 million net outflow before recovering with $181 million in inflows during the subsequent trading session. This volatility in Bitcoin ETF flows stands in contrast to the steadier demand pattern observed in Ethereum ETFs over the same period.

Ethereum Tests $1,925 Resistance After Weekly Rally

After gaining approximately 8% over the past week, Ethereum has climbed back to levels last seen in early June. The $1,925 area now represents the immediate resistance level. A daily close above $1,925 would put the $2,000 psychological mark back into focus. Daily trading volume remains elevated, indicating sustained buyer interest rather than momentum-driven speculation.

Grayscale's legacy ETHE trust carries a 2.5% fee compared to ETHA's 0.25% fee structure. The fee differential has contributed to billions in outflows from ETHE since its launch.

FAQ

What were Ethereum ETF inflows during the first three trading days this week?

U.S. spot Ethereum ETFs attracted $96 million during the first three trading days this week, surpassing last week's $84 million total. Wednesday alone brought $53.8 million in net inflows, with BlackRock's ETHA accounting for $45.3 million and ETHB adding $4 million.

How did Bitcoin ETF flows compare to Ethereum ETF flows this week?

Spot Bitcoin ETFs recorded a $424 million net outflow before recovering with $181 million in inflows the next session, showing higher volatility compared to Ethereum ETFs. Ethereum ETFs demonstrated steadier demand with $96 million in net inflows over the first three trading days this week.

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