coindesk.com
11 July 2025 20:32, UTC
Ethereum's ether ($ETH), the second largest crypto asset, is seeing renewed investor interest, with spot exchange-traded funds (ETFs) in the U.S. recording one of their strongest streak of momentum of their one-year history.
On Thursday, BlackRock’s iShares Ethereum Trust (ETHA) booked its largest daily inflow to date, with over $300 million, pushing its total assets under management to $5.6 billion, data compiled by Farside Investors show.
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That’s part of a broader resurgence in ether-backed investment products.
The nine U.S.-listed $ETH ETFs attracted a combined $703 million in net inflows this week, according to crypto data provider SoSoValue. Although Friday’s data is still pending, it has already marked the third-strongest weekly haul since the products launched last July.
Investor demand has picked up lately even as ether’s price has lagged behind bitcoin this year, a new report from asset manager Fineqia noted.
The AUM of $ETH-backed exchange-traded products (ETPs) grew 61% faster in the first half of 2025 than the market capitalization of the underlying asset, a sign of steady inflows into the products, the report said.
The report notes that ETP demand began to rebound by late April and continued into June, outpacing $ETH's price gain.
The capital flood helped fuel $ETH's rebound to $3,000, its highest price in more than four months.
Read more: Ethereum Foundation Sells 10,000 $ETH to SharpLink in First-Such OTC Deal
