Oh, you didn’t hear? Spot Ether exchange-traded funds (ETFs) are on a roll! They snagged a juicy net inflow of $533.87 million on Tuesday, marking 13 straight days of bringing in the moolah. Thank you, SoSoValue, for keeping us all updated on this financial soap opera!
Leading the charge is BlackRockâs iShares Ethereum Trust (ETHA), which saw a whopping $426.22 million flow into its coffers. It’s now sitting pretty with over $10 billion in assets, flexing its muscles as the heavyweight champion of the Ether (ETH) ETF market. Fidelityâs FETH trailed along with a modest $35 millionâlike that kid who just shows up at the ice cream shop and orders a single scoop. đŚ
âThe reason behind these Ether ETF inflows? Falling BTC dominance and a serious case of institutional FOMO for ETH exposure,â said Vincent Liu, chief investment officer at Kronos Research, who sounds like he knows how to read the roomâunlike my last Tinder date. As liquidity deepens and macro conditions hold, this demand trend is likely to endure. Or so he claims. đ¤ˇââď¸
Now letâs talk numbers: the cumulative net inflow across all Ether ETFs has officially soared past $8.32 billion. Thatâs up from just $4.25 billion at the start of all this excitement on July 2! For context, thatâs like going from a sad little piggy bank to a vault full of gold coins. The total net assets locked in these magic products have reached $19.85 billion, making up 4.44% of Ethereumâs market capâwhich we should note is more than my bank account after a weekend in Vegas. đ°
Spot Ether ETFs pull in $4 billion over 13-day inflow streak
You’ll never guess what’s happened during this 13-day streak from July 3â22: over $4 billion rolled in! And on July 16, Ethereum ETFs made it rain with a record $726.74 million in a single day. Talk about a blockbuster premiere! đ July 17 followed with a slightly less dramatic $602.02 millionâbut still!
âETP Investors are way underweight when it comes to Ethereum vs. Bitcoin,â Matt Hougan, chief investment officer at Bitwise, explained in a Tuesday post on X. So underweight, in fact, that my friend Lisa could bench press more than their portfolios! Even though ETHâs market cap is about 19% the size of BTC, Ethereum ETPs have mustered less than 12% of the assets of Bitcoin ETPs. How does that even work? Like trying to fit a clown car into a parking space. đ¤Ą
Matt says that companies are likely to start hoarding ETH on their balance sheets. He estimates we could see a thirst for $20 billion worth of ETH next yearâwhich is, uh, a lot. But hold onto your walletsâEthereumâs network is only expected to issue a measly 0.8 million ETH in that same timeframe. Sounds like we might have a scarcity issue on our hands, folks. đ¨
âIn the short term, everythingâs about supply and demand. And for now, demand for ETH is outpacing supply. Iâm kinda betting weâll see those prices go up,â he suggested, sounding just like my mom when she tries to sell me on buying stocks instead of pizza rolls.
In a Wednesday jaw-dropper on X, Lookonchain revealed that five new wallets have collectively pulled out a staggering 76,987 ETH ($285 million) from Kraken. These wallets must be working out, because theyâre really accumulating some weight! đď¸ââď¸
Spot Bitcoin ETFs post $67 million in outflows
Meanwhile, in a plot twist worthy of a daytime soap, Bitcoin (BTC) ETFs found themselves with a net outflow of $67.93 million on Tuesday. The biggest withdrawals came from Bitwiseâs BITB and Arkâs ARKB, with outflows of $42.27 million and $33.18 million, respectively. Talk about a bad day at the office! Grayscaleâs GBTC was the only one in the green, reporting a modest inflow of $7.51 million.
This retreat follows jaw-dropping institutional buying earlier in July. So, is everyone just jumping on the Ether bandwagon? Who knew financial markets could be this much like high school dramaâone day youâre the coolest kid in class, the next, itâs all about the new kid who just rolled in. đ
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2025-07-23 11:37