$2.18B Pours Into Ether ETFs in One Week as Crypto Markets Heat Up

Ether Climbs Above $3,600 as Spot ETFs Attract Record Inflows

Ether (ETH) surged more than 20% over the past week, briefly touching $3,600 before easing to around $3,560, driven by record-breaking inflows into U.S.-listed spot Ethereum exchange-traded funds (ETFs).

The nine active spot ether ETFs in the U.S. drew a combined $2.18 billion in net inflows — their highest weekly total since launching last year. A single-day inflow record was also set on July 16, with $726.74 million entering the market, according to SoSoValue data.

At the same time, open interest in ether futures on the Chicago Mercantile Exchange (CME) surged to an all-time high, reinforcing signs of robust institutional demand for ETH.

The rally coincided with President Donald Trump’s signing of the GENIUS Act, a landmark crypto bill tightening oversight of yield-bearing stablecoins. Analysts say the legislation could channel more treasury flows toward ETH staking and restaking protocols, enhancing Ethereum’s utility and appeal.

Despite a slight pullback heading into the weekend, ETH remains in a strong position, buoyed by macro tailwinds and accelerating ETF adoption.