US spot Ethereum exchange-traded funds (ETFs) surpassed the $1 billion mark in net inflows for the first time ever on Monday.

US spot Ethereum exchange-traded funds (ETFs) saw record-breaking net inflows on Monday, totalling $1.02 billion. It is the first time these products have surpassed the billion-dollar mark in 24 hours since launching in July 2024.

According to data from SoSoValue, nine Ether ETFs contributed to the record figure, with BlackRock’s ETHA attracting an industry-leading $639.8 million. Fidelity’s FETH followed with $277 million, representing its largest single-day inflow since entering the market earlier this year.

Meanwhile, Grayscale’s Mini Ether Trust saw $66.6 million in net inflows. Its ETHE product added another $13 million on Monday. The historic total also featured smaller inflows from the likes of VanEck, Franklin Templeton, Bitwise, and 21Shares.

As a result of this daily surge, cumulative net inflows for US spot Ethereum ETFs climbed to $10.83 billion. In the period since May 2025, the ETFs have seen over $8 billion flow into the products. The billion-dollar day also extended a five-day inflow streak, totalling $1.8 billion across all funds in less than a week.

Reaction to spot Ethereum ETFs record daily inflow

Growing institutional confidence in Ethereum’s long-term role within financial markets and emerging digital economies are potential factors behind the inflows. Investors are beginning to see Ethereum as a store of value and a foundation for decentralised finance and Web3 innovation.

ETF analyst at Bloomberg, Eric Balchunas, said that the flow surge will likely spur new Ethereum ETF offerings, while also expanding the range of investment products tied to the network. 

In a post on X, he wrote: “New filing for an ethereum high income ETF. Now that the category is seeing big boy flows it will get the full ETF treatment. So many activities.”

Additionally, Kronos Research CIO Vincent Liu claimed Ethereum’s mainstream adoption was due to “regulatory tailwinds” and “record-breaking traditional finance allocations.” The high levels of ETH ETF demand also comes amid numerous large corporate acquisitions of Ether, reinforcing confidence in the asset’s current market outlook.

Spot Ethereum ETFs gaining strong momentum

The record inflows for Ethereum ETFs have moved it closer to matching the momentum of US spot Bitcoin ETFs. Should this growth continue, it could present a serious challenge to Bitcoin’s dominance in regulated crypto investment products going forward.

BitMine recently purchased 317,126 ETH in just one week, bringing its total holdings to 1.15 million ETH, with a value of around $4.9 billion. Following this acquisition, BitMine became the first company to hold over one million ETH, surpassing its closest competitors.

Elsewhere, the world’s second-largest corporate Ethereum holder, SharpLink, has raised $900 million to expand its holdings beyond 598,800 ETH. Through these moves, BitMine and SharpLink have established themselves as key players in Ethereum, potentially influencing market supply and liquidity.

The inflows coincide with strong price performance, with Ether rising 45% over the past month, despite a slight dip to $4,284. Analysts say ETF flows and corporate acquisitions could help sustain upward momentum, with projections suggesting a target of between $6,000 and $7,000 in 2025.

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