ETH ETFs Hit $1B Inflows, BlackRock Buys 150K ETH
Spot Ethereum ETFs in the US recorded an unprecedented $1.02 billion in inflows on Monday, marking the largest single-day intake since their launch in mid-2024. The surge represents approximately 240,000 ETH purchased by institutional investors, extending a five-day inflow streak totaling $1.8 billion. Cumulative inflows into these products have now reached $10.8 billion, with the majority arriving over the past month.
BlackRock Leads with Historic Purchase
BlackRock’s Ethereum ETF registered a record-breaking $640 million in inflows, adding over 150,000 ETH to its holdings. This brought the fund’s total inflows to more than $10 billion, most of which were accumulated in recent weeks. Fidelity’s Ethereum ETF followed closely, attracting $277 million and more than 65,000 ETH in a single day. Even smaller Ethereum trusts recorded substantial gains, with daily inflows in the tens of millions.
Market Impact on Ethereum
The sharp rise in institutional buying coincided with Ethereum’s price surge to $4,350 — its highest level in nearly four years. The strong performance suggests that Ethereum’s appeal as a core component of the digital asset market is increasingly resonating with large-scale investors, boosting both liquidity and market confidence.
Bitcoin ETFs See Modest Growth
While Ethereum ETFs set records, Bitcoin ETFs posted a comparatively modest $178 million in daily inflows on Monday, with most directed into BlackRock’s BTC fund. Bitcoin ETFs have maintained a four-day inflow streak totaling $950 million, but price action has been more subdued, with BTC briefly touching $122,000 before sliding back to $118,600.
Outlook
The rapid expansion of Ethereum ETF holdings and the current dominance of inflows over Bitcoin products signal a shifting institutional focus. If the current pace continues, Ethereum ETFs could close the quarter with record-breaking totals, reinforcing their role in the evolving digital asset investment landscape.