The first batch of U.S. spot Ether ETFs has officially turned one year old — and they’re celebrating with a powerful inflow streak that signals renewed investor confidence in Ethereum’s long-term value.
Ether ETFs Attract Over $8.7B in Net Inflows in First Year
Since launching on July 23, 2024, the nine spot Ether ETFs in the U.S. — backed by major issuers including BlackRock, Fidelity, VanEck, and Bitwise — have collectively amassed $16.57 billion in assets under management.
Total net inflows over the past year reached $8.69 billion, with nearly $3.9 billion pouring in over just the last 14 trading days.
This sustained momentum suggests institutional and retail investors are positioning for longer-term ETH exposure, even as Ethereum has traded well below its all-time high.
Top Inflows in July Signal Strength Ahead
The funds recorded their seventh-best inflow day ever on July 23, taking in $332.2 million. Even more striking was July 16, when total net inflows topped $726.6 million — the strongest single-day inflow for Ether ETFs since launch.
Six of the top seven daily inflow records have occurred in the past two weeks, underscoring a bullish pivot among ETF participants.
BlackRock Leads as Grayscale Faces Outflows
BlackRock’s iShares Ethereum Trust ETF (ETHA) has dominated flows, attracting $8.9 billion in the past year — more than the total net flows for all other ETH funds combined.
At the same time, the Grayscale Ethereum Trust ETF (ETHE) has seen $4.3 billion in net outflows, driven by investors exiting as the fund’s discount to NAV has narrowed since its trust-to-ETF conversion.
Staking Approval Could Be Next Catalyst
ETF issuers are now preparing for the next evolution in Ether fund structure: staking. This would allow funds to earn Ethereum staking rewards and pass them to investors, further increasing yield potential.
The SEC is expected to review ETH ETF staking proposals soon, following the successful launch of a Solana staking ETF earlier this month.
Conclusion: Ethereum ETFs Show Signs of Maturing Market
With $16.57 billion in AUM and rising inflows, U.S. Ether ETFs are becoming a key instrument for Ethereum exposure.
As staking options expand and institutional adoption deepens, Ether ETFs are likely to play a pivotal role in Ethereum’s next growth phase.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.