Ethereum ETFs have shown significant growth, surpassing the $4 billion mark following a rapid increase in fund inflows over a short period.
BlackRock: Strategy and Billions at Stake
In the Ethereum ETF match, **BlackRock** isn't playing small. Its fund **iShares Ethereum Trust (ETHA)** shows **$5.31 billion** in gross inflows. Conversely, **Grayscale** and its two products (**ETHE, ETH**) are struggling with **$4.28 billion in outflows** since the ETF conversion.
The strategy is simple but effective. **BlackRock and Fidelity offer management fees of 0.25%**, while Grayscale remains at 2.5%. This gap hurts, especially during a period of robust institutional flows. "*Wealth managers don’t want to pay for the old guard anymore,*" notes a CoinShares analyst.
Ethereum Amidst Market Challenges
The paradox is that **Ethereum as a blockchain seems to be in an identity crisis**. Its price has dropped 25% since January, and the failure of post-ETF approval momentum remains a pressing issue. [The CEO of DYOR summarizes it well](https://www.cnbc.com/2025/06/20/why-ether-etf-inflows-have-come-roaring-back-from-the-dead.html): > *After the initial approval of the ETH ETF without a price spike, institutional investors began to build positions quietly.*
Translation? No hype, but strategic positioning.
Comparison with Bitcoin and Ethereum's Future
While Ethereum strengthens, Bitcoin is soaring. **BTC ETFs** total **$46.7 billion** in net inflows, compared to barely **$4 billion** for ETH. The continuity of the dynamics could shift; for nine consecutive days, Bitcoin ETFs have recorded positive flows. However, on June 21, Ethereum faced a **$19.7 million withdrawal** on ETHA. Paradoxically, overall inflows this month remain positive: **$840 million** net since early June, despite ETH falling below **$2,400**.
Amid dynamic changes in ETFs and the cryptocurrency market, Ethereum's future remains uncertain. However, the sustained inflow of funds indicates long-term institutional bets.
