Ethereum ETFs See Inflow Surge as BlackRock's ETHA Draws in Record $300M in a Day
On Thursday, BlackRock's iShares Ethereum Trust (ETHA) booked its largest daily inflow to date, with over $300 million, pushing its total assets under management to $5.6 billion, data compiled by Farside Investors show.
That's part of a broader resurgence in ether-backed investment products.
The nine U.S.-listed ETH ETFs attracted a combined $703 million in net inflows this week, according to crypto data provider SoSoValue. Although Friday's data is still pending, it has already marked the third-strongest weekly haul since the products launched last July.
Investor demand has picked up lately even as ether's price has lagged behind bitcoin this year, a new report from asset manager Fineqia noted.
The AUM of ETH-backed exchange-traded products (ETPs) grew 61% faster in the first half of 2025 than the market capitalization of the underlying asset, a sign of steady inflows into the products, the report said.
The report notes that ETP demand began to rebound by late April and continued into June, outpacing ETH's price gain.
The capital flood helped fuel ETH's rebound to $3,000, its highest price in more than four months.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
25 minutes ago
- Yahoo
Tech stocks dip, Fed cut bets, ethereum gaining: Market takeaways
Markets (^GSPC, ^IXIC, ^DJI) closed lower on Monday after early gains, with the Nasdaq hitting a record high before slipping into the red. Yahoo Finance Markets and Data Editor Jared Blikre breaks down the main takeaways from the trading session: the rotation in tech stocks, the latest on interest rate cut expectations, and what's next for crypto after ethereum (ETH-USD) tops $4,000. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend. US stocks closing lower to start the week. Let's bring in our data and markets editor Jared Blickry. So Jared, a bit of a blah day for markets, I would say. Well, you know, I might have I was excited on the open because we got a we got a pop in tech, we got a record high in the Nasdaq. Uh not only the Nasdaq composite, but the Nasdaq 100. And you can see that. That was shortly after the open. It didn't take much. But, you know what, we slid into the close and so it's kind of a meh close to a meh day. And this is what we have in bull markets. Not every day is exciting in the indices. Sometimes you got to peel back the hood and check out what's going on underneath. And I'm going to show you the semiconductors. Semiconductors also kind of sputtered out towards the end. Nvidia was looking somewhat solid all day, but then kind of slipped into the close. We had some favorable news about chip stocks that we were talking about all day. Intel and and Micron were kind of the stars of this. But then you take a look at software and you got some bigger losses here, and that's kind of what I was looking at. And this reminded me of some of the boards we had last week. Not all tech is the same, semiconductors more cyclical. But what we've seen is software, the recurring software names just haven't performed as well recently. Oracle is a bit of an exception here along with Take Two. Always exceptions, but the norm is, you know, you get in a bull market, you have rotation and that is the lifeblood of the markets. And so today we're just kind of rotating a little bit. Right, it'll be interesting what happens tomorrow, too, because we'll have that consumer price index, CPI, that's fueling a lot of the debate when it comes to what the Fed is going to do in September. Exactly. And that brings me to point two, which is are we going to get that Federal Reserve Reserve cut? And it's interesting, not only are we thinking about September, we're thinking about all the way next May, when we get a new Fed share, assuming it happens May and not sooner. But the BFA Global Fund Manager Survey, which we've been covering throughout the day here, they they pull all these big investors, and this is what they're expecting for the next Fed share. They're going to are we going to see quantitative easing again or yield curve control? Both of those are extraordinary measures and uh yield curve control is about kind of containing those long-term interest rates that we have um, you know, they've been surging at various times. We've seen the 30 year above 5% and that's been a concern for markets. So 54% are saying yes, we're going to see extraordinary measures versus 36%. No, that is becoming a consensus opinion. I also want to add to this. We did have a Stocks and Translation sit down today with uh Colin Martin over at Schwab and we talked about all of this stuff in addition to these Fed rate cuts. Here's what he had to say. Right now, let's say you can get a T bill, three month T bill, we'll say at four and a quarter percent close to the Fed funds rate in a few months, when that comes due, maybe it's 4% or maybe it's less. So reinvestment risk in a declining short-term interest rate environment means that if you're holding short-term investments, you might see your income decline over time. If you've ever wondered what the yield curve is, what it means, what quantitative easing is, what yield curve control means, we break it all down. That episode is dropping tomorrow, August 12th in the morning, so. Love it, Jared. Give me all the shameless plugs. But it has been interesting to look at the long-term yields, right? Because largely they moved sideways since the start of the year. Yes, we've had pops here and there, but now we seem to be pretty chill. But one thing that hasn't moved sideways is crypto, right? I mean, continuing to surge. That brings us to our next point. Cryptocurrency got a little bit of a jump today. It also kind of fizzled, but uh it retained more of its territory. And let's go to our crypto board here and we'll take a look at Bitcoin, kind of the Kahuna here. But Ethereum really caught my interest. So here we go. We got this pop around midnight 1:00 AM and this just kind of fizzled out here. But check out the year to date. There is no denying that this is a a nice bull market here. And we're just kind of trying to struggle and struggling to get beyond this resistance area about 120,000. You know, it's been higher, but this is uh kind of par for the course. Crypto will go sideways for a while, a little bit down, scare people, shake people out, and then it pops higher. So are we seeing the next beginning of that in Bitcoin? I don't know. But check out Ethereum because Ethereum has finally exploded to the upside above 4,000. And that is not a record high, but 4,500 is a record high. Now that this resistance has been cleared, I think it's kind of easy sailing to get to 4,500. That's where the rubber meets the road. We've also seen pickups in all these other currencies, uh the altcoins for instance, and we'll just have to see. I like to see breadth on these moves. Not a lot of breadth right now, but we have seen it within the last month, so we'll have to see if that continues. Great point here. I mean, the focus is usually on Bitcoin, the star of the show, but Ethereum. With the stable coins, you got to look at ether now. That's true. Absolutely, Jared. Well, thank you so much. Related Videos Why sports dominate the media industry & what's next in 2026 2 reasons this strategist has a 'glass half-full' view on stocks Fannie Mae, Freddie Mac possible IPO: What it means for investors Why there's a 'disconnect' between the Fed & markets right now Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
27 minutes ago
- Bloomberg
Trump Extends US-China Tariff Truce for 90 Days
Good morning. Trump adds another three months to the US-China tariff truce. Threats of reciprocal levies are casting a shadow over the climate tech industry. And Gemfields sells Fabergé to a tech entrepreneur for a pretty penny. Listen to the day's top stories. Down to the wire. Just hours before Washington and Beijing's tariff truce was set to expire, Donald Trump signed an executive order extending the deal by another 90 days, according to a person familiar with the matter. The move should ease worries of a renewed trade war and may clear the path for the US president to meet with Xi Jinping in late October. Also a boon to relations: Trump signaled openness to Nvidia selling a scaled-back version of its Blackwell AI chip to China, and confirmed an unprecedented revenue-sharing deal allowing sales to Beijing of its less-advanced H20 chips.
Bloomberg
27 minutes ago
- Bloomberg
Sinclair Weighs Sale of TV Stations, Other Ventures
Sinclair Inc., one of the largest TV station owners in the US, has begun a strategic review that could result in sale or breakup of the company. The company said Monday it will evaluate 'all value-enhancing opportunities, including acquisitions, strategic partnerships, and business combinations, with potential partners in the broadcast and the broader media and technology ecosystem.'
