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Ethereum ETF Inflows Remain Strong Amid High Institutional Interest


by Victoria Ronina
for Coinspeaker
Ethereum ETF Inflows Remain Strong Amid High Institutional Interest

Despite the jittery market conditions, inflows into spot Ethereum ETFs have remained strong, with BlackRock iShares Ethereum Trust ETF (ETHA) dominating most of the flows. On July 1, the ETHA inflows stood at $54.8 million, while the net inflows across all US ETF issuers hit $40.7 million.

Blackrock dominates ethereum etf inflows

BlackRock Ethereum ETF (ETHA) has dominated most of the inflows since its inception, with the net inflows crossing $5.5 billion. ETHA has seen inflows for nearly 29 of the past 30 days, making it one of the best-performing Ethereum funds currently in the market.

Despite the strong Ethereum ETF inflows, ETH whales have continued with their selloff, which has put selling pressure on the ETH price for a long time. As a result, ETH has failed to surpass the $2,500 resistance and has been flirting underneath it for quite some time.

If the strong inflows into spot Ethereum ETFs continue, it could pave the way to introduce staking features for the existing Ethereum ETFs in the market.

Institutional demand for eth remains high

Ethereum ETH $2 456 24h volatility: 0.0% Market cap: $296.37 B Vol. 24h: $14.38 B continues to see greater institutional demand with corporates rushing to build their own ETH reserves. On July 1, Bit Digital announced its plans to raise a massive $162.9 million by issuing a total of 86.25 million shares, and will be using the proceeds to buy more Ethereum.

Nasdaq-listed Bit Digital (BTBT) has been working on its Ethereum strategy since 2022. The company now operates one of the largest Ethereum staking platforms among publicly listed firms, offering validator infrastructure, secure custody services, and yield optimization tools for ETH staking. This funding round marks one of the largest dedicated Ethereum capital raises ever undertaken by a public company.

ETH has been gaining broad appeal due to its annual staking yields of 3–5%, deflationary tokenomics, and its critical role in powering decentralized applications. In June, Bit Digital also raised a total of $150 million, while completely pivoting to staking Ethereum.

On the other hand, ShaprLink Gaming, the largest corporate holder of Ethereum, has purchased an additional 4951 ETH worth $12 million earlier this week, with its total holdings approaching 200K ETH.

The post Ethereum ETF Inflows Remain Strong Amid High Institutional Interest appeared first on Coinspeaker.

Read the article at Coinspeaker

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Ethereum ETF Inflows Remain Strong Amid High Institutional Interest


by Victoria Ronina
for Coinspeaker
Ethereum ETF Inflows Remain Strong Amid High Institutional Interest

Despite the jittery market conditions, inflows into spot Ethereum ETFs have remained strong, with BlackRock iShares Ethereum Trust ETF (ETHA) dominating most of the flows. On July 1, the ETHA inflows stood at $54.8 million, while the net inflows across all US ETF issuers hit $40.7 million.

Blackrock dominates ethereum etf inflows

BlackRock Ethereum ETF (ETHA) has dominated most of the inflows since its inception, with the net inflows crossing $5.5 billion. ETHA has seen inflows for nearly 29 of the past 30 days, making it one of the best-performing Ethereum funds currently in the market.

Despite the strong Ethereum ETF inflows, ETH whales have continued with their selloff, which has put selling pressure on the ETH price for a long time. As a result, ETH has failed to surpass the $2,500 resistance and has been flirting underneath it for quite some time.

If the strong inflows into spot Ethereum ETFs continue, it could pave the way to introduce staking features for the existing Ethereum ETFs in the market.

Institutional demand for eth remains high

Ethereum ETH $2 456 24h volatility: 0.0% Market cap: $296.37 B Vol. 24h: $14.38 B continues to see greater institutional demand with corporates rushing to build their own ETH reserves. On July 1, Bit Digital announced its plans to raise a massive $162.9 million by issuing a total of 86.25 million shares, and will be using the proceeds to buy more Ethereum.

Nasdaq-listed Bit Digital (BTBT) has been working on its Ethereum strategy since 2022. The company now operates one of the largest Ethereum staking platforms among publicly listed firms, offering validator infrastructure, secure custody services, and yield optimization tools for ETH staking. This funding round marks one of the largest dedicated Ethereum capital raises ever undertaken by a public company.

ETH has been gaining broad appeal due to its annual staking yields of 3–5%, deflationary tokenomics, and its critical role in powering decentralized applications. In June, Bit Digital also raised a total of $150 million, while completely pivoting to staking Ethereum.

On the other hand, ShaprLink Gaming, the largest corporate holder of Ethereum, has purchased an additional 4951 ETH worth $12 million earlier this week, with its total holdings approaching 200K ETH.

The post Ethereum ETF Inflows Remain Strong Amid High Institutional Interest appeared first on Coinspeaker.

Read the article at Coinspeaker

Read More

Bitcoin ETFs Bounce Back With $408 Million Inflow

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Bitcoin ETFs rebounded in force with a $408 million net inflow, marking a sharp rever...
Ethereum ETFs forecast to attract $10 billion by late 2025, says Bitwise CIO

Ethereum ETFs forecast to attract $10 billion by late 2025, says Bitwise CIO

Bitwise Chief Investment Officer Matt Hougan predicted that Ethereum exchange-traded ...