Investment products centered around Ethereum are seeing a significant increase in demand, with their performance consistently exceeding that of similar Bitcoin-based offerings over the past week.
Data sourced from SoSo Value indicates that spot Ethereum ETFs attracted $231.23 million in new investments on July 24th. This figure marginally surpassed the $226.61 million in net inflows observed for spot Bitcoin ETFs during the same period.
Zooming out to the previous six trading days, spot Ethereum ETFs have accumulated approximately $2.4 billion in net inflows. This is almost three times the $827.6 million secured by Bitcoin ETFs during the same timeframe.
This developing trend suggests a shift in the attitudes of institutional investors, with growing interest directed towards investment vehicles focused on the Ethereum blockchain.
Commenting on this noteworthy event, crypto market observer Bec remarked:
“For the first time in ETF history, Ethereum is consistently surpassing Bitcoin in terms of daily investment inflows across consecutive trading sessions. It’s apparent that Ethereum is now formally recognized as an asset suitable for institutional investment.”
Ethereum ETFs Gain Momentum
This wave of positive investment has driven Ethereum ETF holdings to unprecedented levels.
In July 2025 alone, Ethereum ETFs have absorbed over $4.4 billion in inflows, exceeding the total inflows from the previous twelve months, which totaled $4.2 billion.
Consequently, the total Ethereum held within ETFs has increased by nearly 50% in just two months. According to data provided by the Strategic ETH Reserve, holdings have risen from 3.5 million ETH on May 1st to 5.6 million ETH as of July 24th. These holdings now represent approximately 5% of Ethereum’s overall market capitalization.
BlackRock’s iShares Ethereum Trust (ETHA) has been a key contributor to this growth. Since July 1st, ETHA has added over 1 million ETH to its holdings, bringing its total to 2.8 million ETH, with an estimated value of $10.22 billion.
This rapid growth has positioned ETHA as the third-fastest ETF to reach $10 billion in assets under management (AUM) in history.
Eric Balchunas, Senior ETF Analyst at Bloomberg, emphasized the speed of ETHA’s expansion, pointing out that it grew from $5 billion to $10 billion in just 10 days, calling it “the ETF equivalent of a God candle.”
Despite the strong performance of these funds, Bitwise CIO, Matt Hougan, suggests that Ethereum is still underrepresented within ETF portfolios.
According to Hougan’s analysis, investors would need to allocate an additional $7–8 billion to Ethereum to align its ETF exposure with its current market weighting, assuming Bitcoin ETF investment flows remain consistent.