BlackRock’s iShares Ethereum Trust (ETHA) has just made history — smashing through $10B AUM less than a year after its 2024 debut, and doubling from $5B to $10B in a jaw-dropping 10 days. 🚀 Bloomberg ETF analyst Eric Balchunas flagged the milestone on July 23, noting ETHA is now the fastest Ethereum-focused ETF to ever hit $10B and the third fastest ETF in U.S. history, trailing only BlackRock’s own Bitcoin Trust and Fidelity’s FBTC. Since its launch, ETHA has dominated inflows, climbing into the top five for both weekly and monthly performance.
Ethereum ETFs aren’t just catching up to Bitcoin — they’re starting to outshine it. 📈 Over the past month, Ethereum ETFs raked in $4.7B in inflows, with a single-day surge on July 17 seeing $602M flood into ETH funds, outpacing Bitcoin ETFs’ $523M. This surge reflects a major institutional pivot toward Ethereum, driven by its role in DeFi, its energy-efficient proof-of-stake design, and growing regulatory clarity after the SEC ruled staking rewards as income rather than securities. ETHA isn’t just a fund — it’s a signal that Ethereum’s future is bigger, bolder, and closer than anyone thought.
