US Ethereum ETFs Draw $534M as Investors Shift From Bitcoin

US Ethereum ETFs Draw $534M as Investors Shift From Bitcoin

In Summary

  • U.S. spot Ethereum ETFs record $533.9M in inflows Tuesday.
  •  BlackRock’s ETHA leads with $426.2M contribution.
  •  Bitcoin ETFs report $67.9M in outflows on the same day.
  •  Analysts say ETH is emerging as a treasury favorite.


Catenaa, Thursday, July 24, 2025- US spot Ethereum ETFs drew $533.9 million in net inflows Tuesday, signaling a sharp uptick in institutional demand for Ether, according to SoSoValue.

The figure marks the third-largest single-day intake since the ETFs began trading in May.

Leading the inflows was BlackRock’s iShares Ethereum Trust (ETHA), which pulled in $426.2 million. Grayscale’s Ethereum Mini Trust added $72.6 million, while Fidelity’s offering gained $35 million.

Last week, the sector recorded back-to-back daily inflows exceeding $700 million and $600 million, underscoring sustained interest in Ether-based investment products.

In contrast, spot Bitcoin ETFs experienced $67.9 million in net outflows on the same day, extending a two-day streak of withdrawals totaling nearly $200 million. The divergence points to a growing appetite among investors for alternatives to Bitcoin after its strong year-to-date performance.

Market analysts suggest the rotation from Bitcoin to Ethereum could foreshadow a broader trend toward altcoins as investors reassess their portfolios.

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