Ethereum ETFs are showing significant inflows as they approach the $10 billion mark in July, led by BlackRock's ETF which captures the majority of funds.
Ethereum ETFs See Consecutive Inflows
Spot Ethereum ETFs registered $9.3 billion in inflows by July 25, demonstrating strong momentum throughout the month. This is a 120% increase from $4.2 billion on July 1.
BlackRock's ETHA Leads in July
BlackRock's ETHA has accounted for $9.34 billion in total inflows, far exceeding competitors like Fidelity which managed only $2.35 billion. In July alone, ETHA contributed 91% of all spot Ethereum ETF inflows.
Institutional Interest Boosts ETHA
MEXC Research analyst Shawn Young cited growing institutional demand as a primary inflow driver, signifying Ethereum's increasing role as a strategic digital asset.
Ethereum ETFs are boosting inflow volumes with BlackRock's ETHA standing out. The rising institutional interest confirms Ethereum's growing significance in investment strategies.
