- U.S. spot Ethereum exchange-traded funds (ETFs) attracted $307 million in net inflows on Wednesday.
- By comparison, spot Bitcoin ETFs recorded $81.3 million in inflows.
- Since August 21, spot Ether ETFs have seen $1.83 billion in inflows.
According to SoSoValue data, U.S. spot Ethereum ETFs drew $307 million in net inflows on Wednesday, widening their lead over spot Bitcoin ETFs.
BlackRock’s ETHA recorded the largest single-day inflow at $262.6 million, followed by Fidelity’s FETH with $20.5 million.
Mini Ethereum Trust and Grayscale’s ETHAN, along with VanEck’s ETHV, also reported fresh inflows.
By comparison, spot Bitcoin ETFs registered $81.3 million of inflows, marking a third consecutive day of positive flows but remaining well below Ethereum’s figures.
Bitcoin rose about 2% over the past 24 hours to $113,307 as of 3:10 a.m. ET on Thursday, according to CoinGlass data. Ethereum was largely unchanged, up 0.08% to $4,581.
Still, Ether has shown a stronger rebound this week, climbing roughly 5% from Tuesday’s low compared with Bitcoin’s 2.8% gain over the same period.
Surge in Demand for Ether ETFs
Data show that since August 21 spot Ether ETFs have attracted $1.83 billion in inflows versus just $171 million for spot Bitcoin ETFs.
| Date | ETHA (BlackRock) | FETH (Fidelity) | ETHW (other) | CETH (21Shares) | ETHV (VanEck) | QETH (Invesco) | EZET (Franklin) | ETHE (Grayscale Mini) | ETH (Grayscale) | Total |
|---|---|---|---|---|---|---|---|---|---|---|
| Aug 21, 2025 | 233.6 | 28.5 | 7.0 | 0.0 | 6.2 | 0.0 | 0.0 | 5.9 | 6.4 | 287.6 |
| Aug 22, 2025 | 109.4 | 117.9 | 36.3 | 0.0 | — | 0.0 | 5.5 | 45.9 | 22.7 | 337.7 |
| Aug 25, 2025 | 314.9 | 87.4 | 9.7 | 5.6 | 0.0 | 2.2 | 0.0 | (29.2) | 53.3 | 443.9 |
| Aug 26, 2025 | 323.1 | 85.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.3 | 41.1 | 455.0 |
| Aug 27, 2025 | 262.6 | 20.5 | 0.0 | — | 3.3 | 0.0 | 0.0 | 5.7 | 15.1 | 307.2 |
Ethereum investor and educator Anthony Sassano described the trend as “brutal,” highlighting the scale of the shift.
Nate Geraci, president of NovaDius Wealth Management, noted that spot Ether ETFs are now approaching $10 billion in inflows since early July.
Spot Ether ETFs, which have traded for 13 months, have attracted $13.6 billion in cumulative inflows. Much of that activity has occurred in recent months.
Spot Bitcoin ETFs have a longer track record—20 months of trading—and have accumulated $54 billion in total inflows.
Recently the momentum has tilted toward Ethereum, and some market participants have linked the trend to July’s passage of the GENIUS Act stablecoin legislation.
Because Ethereum dominates the tokenized stablecoin market and tokenized real-world assets, VanEck CEO Jan van Eck called Ether “very much what I would call Wall Street’s token” in an interview with Fox Business this week.
Bloomberg ETF analyst James Seyffart reported that investment advisors account for $1.3 billion of the influence on Ether ETFs, citing SEC filings. Goldman Sachs was identified as the largest single institutional holder with $712 million of exposure.