BlackRock's iShares Ethereum Trust (ETHA) Dominates the Market, Moving Closer to $5 Billion in Inflows

BlackRock Ethereum ETF (ETHA) has been approaching a new milestone, moving closer to $500 million in inflows

The BlackRock Ethereum ETF (ETHA) has been approaching a new milestone, moving closer to $5 billion inflows, while the ETHA stock sees huge trading activity surging 7% on Monday, and closing above $21 levels.

The $11.6 trillion asset manager has been leading inflows into spot Ether ETFs, which has now seen 17 consecutive days of inflows. This is one of the longest inflow streaks in Ether ETFs in 2025, amid growing institutional demand.

BlackRock Ethereum ETF (ETHA) Dominates

The BlackRock iShares Ethereum Trust (ETHA) is the dominant factor in the net inflows into spot Ether ETFs. Spot Ethereum ETFs witnessed a net inflow of $281 million last week, marking the fourth consecutive week of positive momentum.

The BlackRock Ethereum ETF (ETHA) led the surge with $249 million in inflows, followed by Grayscale’s Mini Ethereum Fund, which added $25.2 million. In the first two trading days of this week, ETHA inflows have already crossed more than $110 million.

According to data from Farside Investors, ETHA inflow on Tuesday was $80.6 million, while Fidelity’s FETH had an inflow of $26.3 million.

Collectively, the share of Ethereum ETFs now accounts for 3.21% of Ethereum’s total market capitalization, with cumulative net inflows reaching $3.5 billion.

ETHA Stock Becomes Traders’ Favourite

After gaining nearly 100% in the last two months, since the Trump “Liberation Day”, the ETHA stock is once again becoming traders’ favorite by witnessing huge trading activity. As of now, ETHA is trading just above $21, however, some market analysts expect it to rally to $25, and further beyond to $30.

As the image above shows, the BlackRock Ethereum ETF (ETHA) is consolidating within a defined daily range, forming lower highs and higher lows following an initial 50% rally. Should ETHA break out of its current range, projections indicate a potential surge to $25.50 per share, representing a 30% increase from current levels.

Staking Demand for Ether ETFs on the Rise

With the strong inflows into Ether ETFs over the past month, could soon approve staking for spot Ethereum ETFs. On the other hand, Ethereum price is showing strength approaching $2,800 levels.

Ethereum has hit a new milestone with over 34 million ETH now staked, which equals around 28% of the circulating supply. This level of staking demand highlights the network’s growing adoption and use among investors.

Amid these strong on-chain indicators, an Ethereum price breakout is imminent, according to veteran trader Peter Brandt. Analysts are expecting a move above $3,000 in the near term.