The ongoing success of spot Ethereum ETFs in the United States has pushed their cumulative net inflows to $9.33 billion since launch, with Friday alone seeing a significant $452.72 million added, according to SoSoValue.
BlackRock’s ETHA Reclaims Top Spot
BlackRock’s iShares Ethereum Trust (ETHA) led the market with $440.10 million in daily net inflows, reclaiming its position as the dominant Ether ETF. ETHA now manages $10.69 billion in assets, representing the largest share among US Ether ETFs. Bitwise’s ETHW followed with $9.95 million, and Fidelity’s FETH recorded $7.30 million.
However, Grayscale’s ETHE remained in the red, shedding $23.49 million on Friday. Its total outflow has reached a staggering $4.29 billion—marking the worst loss among Ether ETFs. Despite ETHE’s struggles, the total net assets of all US spot Ether ETFs now stand at $20.66 billion, equivalent to 4.64% of Ethereum’s market capitalization.
Daily contributions have shown stability throughout the 16-day streak, peaking at $726.74 million on July 16 and consistently delivering $300 million-plus sessions. Since July 2, net inflows have more than doubled from $4.25 billion to $9.33 billion, underscoring the surging investor confidence.
The rise in interest has been largely driven by growing institutional demand, as investors continue to speculate on Ether’s future in DeFi applications, staking, and broader smart contract utility. This signals a deepening shift toward Ethereum as a long-term value asset in the digital economy.
Meanwhile, spot Bitcoin ETFs recorded a net inflow of $130.69 million on Friday. This rebound comes after a volatile few days marked by losses of $131.35 million on July 21, $67.93 million on July 22, and $85.96 million on July 23.
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