According to data from SoSoValue, Ether ETFs continue to demonstrate strong inflows, reaching new heights. Over the past day, funds attracted $452.72 million, extending their inflow streak to 16 consecutive trading days.
Ether Funds and Their Capital Influx
BlackRock’s iShares Ethereum Trust (ETHA) once again led in capital attraction with $440.10 million in daily net inflows. The fund's total assets reached $10.69 billion, making it the largest among US Ether ETFs.
Bitwise’s ETHW followed in a distant second with $9.95 million, while Fidelity’s FETH added $7.30 million. Grayscale’s ETHE, conversely, continued to see capital loss for the day, losing $23.49 million, bringing its cumulative outflow to $4.29 billion—the largest loss among all Ether ETFs.
Investment Outlook for ETH
The cumulative net inflow across all US Ether ETFs has reached $9.33 billion since their launch, with total net assets climbing to $20.66 billion, representing 4.64% of Ethereum’s market cap. "With surging interest in stablecoins and tokenization, we expect strong ETH ETP inflows for a long time to come," said Matt Hougan, Chief Investment Officer at Bitwise. He also predicted that demand could reach $20 billion in ETH over the next year.
Comparison with Bitcoin ETFs
While Ether ETFs exhibit impressive results, spot Bitcoin ETFs attracted $130.69 million in net inflows on the same day. Overall, they have accumulated $54.82 billion with total net assets of $151.45 billion. July has shown multiple standout sessions for Bitcoin ETFs, including $1.18 billion on July 10.
The investment dynamics in Ether ETFs over the past 16 days indicate sustained interest from investors, including institutions, towards ETH as an asset with high potential in DeFi and tokenization.