U.S. spot Ethereum exchange-traded funds have seen a flood of capital this month. In just the first two weeks of August, net inflows have already surpassed $3 billion, according to data from SoSoValue. This makes it the second-strongest monthly performance since these funds launched. There are still more than two weeks left in the month, meaning the total could climb much higher.
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ETF inflows have been especially strong this week. Since Monday, daily inflows have averaged more than $700 million. Monday alone saw over $1 billion enter the funds, setting the tone for the week. These investment vehicles allow institutions and retail investors to gain ETH exposure without directly buying and holding the cryptocurrency, which can attract a broader investor base.
ETH Price Hits Yearly High Before Pullback
The ETF momentum comes alongside a strong rally in Ethereum itself. On Thursday, ETH touched a yearly high of $4,765.83 before quickly falling below $4,500. The drop was short-lived. Prices recovered and at the time of writing, ETH traded above $4,600. This puts the cryptocurrency up nearly 20% for the week.
The rally has helped push the total assets under management for all spot Ethereum ETFs to a record $29.22 billion. This figure shows how much investor appetite has grown for ETH exposure through regulated products.
BlackRock Leads ETF Inflows
Spot Ethereum ETFs are now on track for a five-month streak of net inflows heading into September. Since launch, these products have attracted a combined $12.73 billion.
Thursday saw $639.61 million in net inflows across all ETH ETFs. BlackRock’s iShares Ethereum Trust (ETHA) led with $519.68 million, followed by the Grayscale Ethereum Mini Trust with more than $60 million. Fidelity’s Ethereum Fund ranked third, bringing in almost $57 million.
This surge followed another strong day on Wednesday, when $729 million flowed into ETH ETFs. That was the second-highest daily total since launch, beaten only by Monday’s $1 billion record.
Analysts Predict More Upside for ETH
The rally and ETF growth have encouraged bold price forecasts. Fundstrat’s head of digital asset research, Sean Farrell, said ETH could climb to between $12,000 and $15,000 by the end of 2025. He called ETH “the biggest macro trade” of the next decade.
Whether that prediction plays out will depend on market conditions, investor appetite, and how the broader crypto market performs. For now, the combination of strong ETF inflows and a rising spot price is keeping bullish sentiment alive.
Investors can use TipRanks’ ETF Comparison Tool to easily analyze and compare Ethereum ETFs side by side. The tool shows key metrics like price changes, expense ratios, assets under management (AUM), and one-year performance percentages. Click on the image below to explore the tool.
