Ethereum ETF Inflows Surge With Institutional Demand
Ethereum exchange-traded funds (ETFs) are gaining momentum in the crypto investment space, logging their 17th consecutive day of inflows on July 28. The surge is being led by BlackRock’s ETHA fund, which alone attracted a substantial $131.95 million in a single day.
Bitcoin ETF Remain Resilient Amid Crypto Market Volatility
Investor confidence in Bitcoin ETFs remains resilient, with spot Bitcoin funds attracting $157 million in net inflows on July 28. BlackRock’s IBIT led the way, pulling in $147.36 million—far surpassing its competitors and maintaining its dominance in the segment.
Despite broader crypto market volatility and a 5% dip in total market capitalization, trading volumes for Bitcoin ETFs remained strong at $3.34 billion. Overall, U.S. spot Bitcoin ETFs have now accumulated $54.98 billion in total inflows, with assets under management rising to $153.19 billion.
Ethereum ETFs Attract Big Money, Signaling Institutional Confidence
Ethereum-based ETFs are clearly becoming institutional favorites. The $65.14 million in net inflows on July 28 pushed the total streak to 17 consecutive days. BlackRock’s ETHA continues to shine, with total assets reaching $11.22 billion.
“Ethereum’s recent rally is not just a short-term trend—it reflects structural changes in market dynamics,” said Jamie Elkaleh, CMO of Bitget Wallet. “The ETH/BTC ratio breaking above its 200-day average and forming a golden cross indicates a long-term bullish reversal.”
Corporate Treasuries Embrace Ethereum in Strategic Pivot
The Ethereum investment narrative is also being fueled by growing corporate interest. According to Jeffrey Hu of HashKey Capital, this inflow surge marks a new era for crypto finance.
“SharpLink Gaming’s recent accumulation of 280,706 ETH—worth around $840 million—makes it the largest corporate holder of Ethereum, surpassing even the Ethereum Foundation,” Hu noted.
Over the past month, corporate treasuries have collectively purchased over $1.6 billion worth of ETH, highlighting a fundamental shift away from Bitcoin-only strategies. Many companies are not just buying and holding—they are also running validator nodes and engaging in Ethereum staking, adding an active demand layer to the ecosystem.
Bitcoin Remains Strong, but Ethereum Pulls Ahead in Activity
While Bitcoin continues to command large volumes, Ethereum is catching up fast. Ethereum ETFs now manage $21.5 billion in assets, accounting for 4.7% of ETH’s market capitalization. Daily ETH ETF trading volume reached $1.91 billion, bolstered by funds like VanEck’s EFUT and Grayscale’s ETHE.
Meanwhile, Bitcoin ETFs still dominate in size. BlackRock’s IBIT holds $87.19 billion, while Fidelity’s FBTC added $30.8 million on the same day. However, some outflows were recorded—ARKB saw $17.45 million leave its fund.
Ethereum’s growing role as a base layer in decentralized finance, coupled with rising staking rewards and regulatory clarity, is reshaping investor sentiment. Increasingly, ETH is being seen not just as an alternative to BTC—but as a foundational asset in the evolving digital economy.