BlackRock’s ETHA Sets New Record with $300M Daily Inflows, Fueling Ethereum ETF Rally

Investor enthusiasm for U.S.-listed ether ETFs is on the rise, helping push Ethereum’s ether (ETH) back to the $3,000 mark.

As the second-largest cryptocurrency, Ethereum is experiencing renewed momentum. U.S. spot exchange-traded funds (ETFs) linked to ETH have recorded one of their strongest runs since launching a year ago.

On Thursday, BlackRock’s iShares Ethereum Trust (ETHA) saw its highest single-day inflow to date, drawing in over $300 million and bringing its assets under management (AUM) to $5.6 billion, according to Farside Investors.

This uptick reflects a broader resurgence in ether-focused investment products.

Across nine U.S.-listed ETH ETFs, net inflows totaled $703 million for the week, according to data from crypto analytics firm SoSoValue. Even with Friday’s numbers still pending, the week has already become the third-largest for inflows since these ETFs debuted last July.

Interestingly, investor demand has strengthened despite ether’s price lagging behind bitcoin this year, as highlighted in a recent report from asset manager Fineqia.

Fineqia noted that AUM in ETH-backed exchange-traded products (ETPs) expanded 61% faster during the first half of 2025 than the overall market capitalization of ether, indicating steady inflows into these investment vehicles.

The report also observed that interest in ETH ETPs began picking up in late April and carried through June, outpacing gains in ETH’s price.

This surge in capital has helped drive ether back to $3,000, marking its highest level in more than four months.