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Crypto Queen Analist

07/17 14:05

Ether ETFs See Record $726M Inflow as Altcoins Sur

Ether ETFs See Record $726M Inflow as Altcoins Surge7899342497fc456db2b83746919bd1e7.webp

This was the largest single-day inflow for spot ETH ETFs, which now collectively hold over 5 million ETH—or more than 4% of the circulating supply. The rally was part of the broader altcoin surge, while Bitcoin saw a slight dip. Corporate accumulation is also accelerating, with firms like SharpLink Gaming and BitMine Immersion Technologies increasing their ETH holdings.

Ethereum ETFs Break Records

Ethereum exchange-traded funds (ETFs) in the United States recorded a historic influx of $726.6 million on Wednesday, which was the largest single-day net inflow for spot ETH ETFs to date. This happened as altcoins rallied sharply, with ETH itself climbing 8.6% in the past 24 hours to trade near $3,346.

BlackRock’s iShares Ethereum Trust (ETHA) led the charge with a record $499 million in daily inflows, while Fidelity’s Ethereum Fund (FETH) followed with $113 million. This is according to data from Farside Investors. 
ETH ETF flows (Source: Farside Investors)

The new milestone beats the previous record of $428 million that was set on Dec. 5, 2024, by nearly 70%. Collectively, US spot Ether ETFs now hold more than 5 million ETH, which accounts for over 4% of the cryptocurrency’s circulating supply. According to Ultra Sound Money, these funds bought roughly 107 times more ETH than was newly issued by the network on Wednesday alone.

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