Ethereum ETFs Notch Best Day of 2025 as Crypto Price Jumps
The funds pulled in $386 million, marking their biggest day since December, according to London-based crypto investment firm CoinShares. Approved last July, the exchange-traded funds have pulled in more than $3.5 billion so far this year, CoinShares said.
Ethereum ETFs have caught fire over the past week as legislators seek to create federal laws regulating so-called stablecoins, which are the most widely used crypto products, according to analysis issued last month by 21Shares. Ether, the token of the Ethereum network, has gained 18% over the past seven days as the GENIUS Act is debated.
The funds surged again today, with the $4.8 billion iShares Ethereum Trust (ETHA), the world's largest spot Ethereum ETF, jumping 5.3%.
The Act faces an August deadline for action, 'which in my view is providing a structural bid for ETH given its dominant stablecoin market and sophisticated suite of DeFi products,' CoinShares Senior Ethereum Research Associate Luke Nolan said in an email.
Still, Ethereum has swung wildly since the ETFs' 2024 debut, and the token, the second-largest cryptocurrency by market cap, has tumbled 12% this year. By contrast, Bitcoin, the biggest cryptocurrency, has gained 22% so far this year as measured by the performance of the iShares Bitcoin Trust (IBIT), the largest spot Bitcoin ETF.
Among yesterday's inflows, more than a third, or $158.6 million, went into ETHA. The second-largest Ethereum ETF, the $3 billion Grayscale Ethereum Trust (ETHE), showed no inflows yesterday, while its cousin and No. 3 Ethereum ETF, the Grayscale Ethereum Mini Trust (ETH), pulled in $18 million, according to FactSet data.
ETH charges a 0.15% management fee compared with ETHE's 2.5%.
ETHA Net Fund Flows—Source: FactSet
Ethereum appears to have momentum at the moment, since weekly inflows as a percentage of total assets are averaging 1.8%, double that of Bitcoin, CoinShares Research Head James Butterfill said in an email. That figure is 'highlighting buoyant sentiment,' he wrote.Permalink | © Copyright 2025 etf.com. All rights reserved
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