Ethereum Spot ETFs Attract Strong Inflows as Institutional Demand Rises$BTC
According to Foresight News, citing SoSoValue data, Ethereum spot ETFs saw a total net inflow of $58.63 million on May 23 (Eastern Time). The surge was driven primarily by BlackRock’s ETHA, which reported a $52.84 million single-day inflow, bringing its historical net inflow to $4.4 billion.
Grayscale’s Ethereum Mini Trust (ETH) followed with a $5.79 million net inflow for the day, and a cumulative net inflow of $661 million since launch.
Ethereum ETF Market Overview (as of May 23, 2025)
Metric
Value
Daily Net Inflow (All Ethereum ETFs)
$58.63 million
ETHA (BlackRock) Daily Inflow
$52.84 million
ETHA Total Historical Inflow
$4.40 billion
ETH (Grayscale Mini) Daily Inflow
$5.79 million
ETH Total Historical Inflow
$661 million
Total Net Asset Value (All ETFs)
$9.12 billion
ETF Net Asset Ratio
2.97%
Cumulative Historical Net Inflow
$2.76 billion
Growing Institutional Confidence in Ethereum
The consistent growth in inflows highlights increasing institutional interest in regulated Ethereum exposure. With the success of Bitcoin spot ETFs setting a precedent, Ethereum is becoming a more accessible and attractive asset for large investors.
Analysts note that Ethereum's fundamentals — including Layer-2 ecosystem growth, staking rewards, and broader smart contract adoption — are strengthening the case for long-term institutional allocation.