Ethereum ETFs Log $452M Fresh Inflows In 16-Day Winning Streak

Ethereum exchange-traded funds (ETFs) are having a great month. On July 25, the digital funds recorded another strong performance, pulling in over $452 million in new investments. This marks the 16th consecutive trading day that investors have added funds to these accounts. This indicates a steady and growing interest in Ethereum (ETH), the second-largest cryptocurrency by market capitalization. BlackRock’s Fund Takes the Lead BlackRock’s iShares Ethereum Trust (ETHA) led the way again , collecting $440.10 million in net inflows on Friday alone. The fund now manages $10.69 billion in assets, making it the most prominent spot Ethereum ETF in the United States. Other funds also saw positive movement, though on a smaller scale. Bitwise’s ETHW brought in $9.95 million, while Fidelity’s FETH added $7.30 million. However, Grayscale’s ETHE continued to struggle. It saw $23.49 million in withdrawals, raising its total outflow to $4.29 billion. This is the most significant loss among all Ethereum ETFs to date. Since launch, U.S. spot Ethereum ETFs have seen a total of $9.33 billion in net inflows, bringing their combined assets to $20.66 billion. This accounts for approximately 4.64% of Ethereum’s total market value. On July 24 alone, trading volume reached $1.5 billion. The most significant single-day inflow during this 16-day streak came on July 16, when investors added $726.74 million. Many other days in July have also seen inflows over $300 million . Why Investors Are Turning to ETH ETFs The steady inflow is driven by both retail and institutional investors , who are confident in Ethereum’s long-term value. They believe Ethereum’s role in areas such as decentralized finance (DeFi), staking, and smart contracts lends it value beyond being just a cryptocurrency. According to Bitwise’s Matt Hougan, rising interest in stablecoins and tokenized assets is another reason demand for ETH ETFs is likely to stay strong. Hougan estimated that ETH exchange-traded products (ETPs) and related companies might buy as much as $20 billion worth of Ethereum in 2026. That would be around 5.33 million ETH at current prices. However, Ethereum’s network is expected to produce only about 0.8 million ETH in the same period. If Hougan’s prediction is right, demand could outpace supply by nearly seven times. Bitcoin ETFs Also Rebound While Ethereum is seeing a steady rise , Bitcoin ETFs also made a comeback on Friday. The investment funds attracted $130.69 million in new investments after a few days of outflows. Earlier in the week, Bitcoin ETFs saw $131.35 million pulled out on July 21, followed by smaller outflows on July 22 and 23. Despite this dip, Bitcoin ETFs still hold a strong position. Its total inflow now stands at $54.82 billion, with total net assets reaching $151.45 billion. July has been a generally positive month, with major inflows of over $1 billion recorded on both July 10 and 11. The post Ethereum ETFs Log $452M Fresh Inflows In 16-Day Winning Streak appeared first on TheCoinrise.com .

Source: The Coin Rise