Brothers, last week's Ethereum spot ETF market was simply explosive! According to SoSoValue's hard-core data, in just five trading days (from July 21 to 25), real money poured in like a flood, with a net inflow of up to $1.85 billion—this is not a small amount; institutions are voting with their money, expressing strong optimism about Ethereum's future!
Who are the big winners? The giant BlackRock is undoubtedly at the forefront!
BlackRock's ETHA: This is the true money-absorbing beast! In just one week, it crazily attracted $1.29 billion, almost catching up with others' efforts over several years. Its historical total inflow has reached $9.35 billion, almost single-handedly supporting half the market. BlackRock's influence in the crypto world is undeniable.
Fidelity's FETH: A steady and strong player, last week it also brought in $383 million. Although overshadowed by BlackRock, its cumulative total inflow of $2.34 billion firmly places it in second place, proving that traditional financial giants are deeply involved in the cryptocurrency market.
Who are the losers? Grayscale continues to 'bleed'...
Grayscale's ETHE: Once the 'big brother,' now facing difficulties. Last week, it saw a net outflow of $42.03 million. Even more heartbreaking is that its historically accumulated net outflow has reached an astonishing $4.29 billion. The high management fee of the old trust model is under immense pressure from the new generation of low-cost ETFs, and the transformation is urgent.
The market landscape has changed, and Ethereum ETFs have become an important force!
As of the latest data:
The total net asset value of all Ethereum spot ETFs has reached $20.66 billion!
More critically, the ETH they hold has accounted for 4.64% of the total market cap of the Ethereum network! This proportion is still growing, indicating that ETFs are becoming a significant institutional force in the Ethereum ecosystem.
Since its inception, these ETFs have accumulated a total net inflow of $9.33 billion, and the momentum of continuous capital inflow is very clear.
This wave of fierce inflow is definitely not just a numbers game:
Institutions are deeply bound to ETH: BlackRock, Fidelity, and other 'whales' continue to increase their positions, indicating that the mainstream financial world has regarded ETH as a core digital asset allocation, definitely not just for fun.
The battle between 'new' and 'old' has intensified: BlackRock's ETHA's terrifying ability to attract funds vs. Grayscale's ETHE's continuous bleeding perfectly illustrates the market's enthusiasm for low-fee, high-efficiency new products and the abandonment of high-cost old structures. If Grayscale does not accelerate its reform, its market share may be completely eroded.
Confidence barometer: A net inflow of $1.85 billion in a single week is a trust vote cast by the market with real money. Especially in the current macro environment, this wave of capital can be seen as a strong endorsement of Ethereum's underlying value and application prospects.
Influence is growing day by day: A net asset ratio of 4.64% proves that Ethereum spot ETFs have become an undeniable force in the market, and their buying and selling behavior itself will have a significant impact on ETH prices.
In summary: When traditional financial giant BlackRock invests nearly $1.3 billion in Ethereum ETFs within a week, and the ETF holdings approach 5% of Ethereum's total market cap—this is not a test; it is a deep bet by institutional funds on ETH's future. Grayscale, it's time to think about how to stop the bleeding and turn things around; the time left for the old model is really running out. Institutions are serious about pouring money into ETH!