Ethereum (ETH) ETF Inflows Hit 4-Month Highs, BlackRock's iShares Ethereum Trust (ETHA) Dominates

Spot Ethereum ETF inflows in the US touched a four-month high, hitting $240.7 million, with the BlackRock iShares Ethereum Trust (ETHA) dominating the ETF market

Insiders are closely watching the latest developments in the crypto market, particularly the U.S. ETF market, where a few days ago, spot Ethereum ETF hit a four-month high.

According to data from Farisde Investors, on Wednesday, inflows into spot ether ETFs across all U.S. issuers surged all the way to $240.7 million. This is the first time since February 4 that daily inflows have surged past $200 million. Among them, BlackRock’s (NYSE:BLK) iShares Ethereum Trust (ETHA) dominated the inflows at $163.6 million.

However, this is the 18th consecutive day of inflows in Ether ETFs as the asset class continues to get heavy interest from institutions. On the other hand, on-chain ETH activity has flipped bullish.

Ethereum ETF Inflows Hit 4-Month Highs

On Wednesday, inflows into spot ether ETFs across all U.S. issuers surged all the way to $240.7 million. This is the first time since February 4 that daily inflows have surged past $200 million. Among them, BlackRock’s (NYSE:BLK) iShares Ethereum Trust (ETHA) dominated the inflows at $163.6 million.

This is also the longest streak of inflows by Ether ETFs in 2025. So far this week, BlackRock iShares Ethereum Trust has already contributed to more than $250 million in total inflows, with the ETHA stock price shooting up to $21. In the last two months since Trump Liberation Day, the stock price is already up more than 50% and has become traders’ favourite.

BlackRock’s ETF has been dominating most of the inflows while crossing the $5 billion milestone for the first time since its inception. As per the official data, ETHA now holds 1,555,807 ETH with assets under management at $4.23 billion.

“18 straight days of inflows into spot eth ETFs… Nearly $250mil just today. And there’s still no staking or in-kind creations & redemptions. So early,” said ETF Store President Nate Geraci.

ETH Dominance Over BTC Flips

Since the April 2025 low, ETH has outperformed BTC by nearly 50% in what seems to be an altseason in the making. Market analysts point out the institutional capital rotation from BTC to ETH. The ETH/BTC pair has given a strong breakout, suggesting that the bullish momentum could continue further from here, which could lead to more inflows into Ethereum ETFs.

It shows that the bull market is gaining momentum, with sustained strength in altcoins, particularly in the DeFi and RWA sectors, driven by stablecoins and yield opportunities. Furthermore, with SEC Chair Paul Atkins showing support for DeFi activities, platforms like Ethereum could benefit from it.