Ethereum ETF Inflows Surpass $5.5 Billion as Institutions Expand Holdings
Spot Ethereum ETFs continue to attract significant inflows despite market volatility. The BlackRock iShares Ethereum Trust ETF (ETHA) led with $54.8 million in inflows as of July 1, contributing to a total of $40.7 million across all US ETF issuers.
BlackRock Dominates Ethereum ETF Inflows
- ETHA has accumulated net inflows exceeding $5.5 billion since launch.
- It recorded inflows on nearly 29 of the last 30 days.
- ETH price remains under pressure from ongoing sell-offs by ETH whales, struggling to breach the $2,500 resistance.
- Continued strong inflows may lead to staking features being introduced for existing Ethereum ETFs.
Institutional Demand for ETH Remains High
- Corporates are increasingly building ETH reserves; Bit Digital plans to raise $162.9 million to purchase more Ethereum.
- Bit Digital operates a leading Ethereum staking platform and previously raised $150 million to pivot towards Ethereum staking.
- ETH is appealing due to annual staking yields of 3–5%, deflationary tokenomics, and its role in decentralized applications.
- SharpLink Gaming, a major corporate ETH holder, recently acquired an additional 4,951 ETH worth $12 million, nearing 200,000 ETH in total holdings.