U.S. Spot Ethereum ETFs have achieved unprecedented capital inflows, with a record-shattering $2.18 billion in weekly net inflows – the largest since their inception – and a single-day surge of $298.06 million on July 21, according to combined data from SosoValue and crypto analyst Trader T. This extends a remarkable 12 consecutive days of positive flows, signaling accelerating institutional adoption.
Leading the daily inflows were Fidelity's FETH ($126.93 million), BlackRock's ETHA ($102.70 million), and Grayscale's Mini ETH ($54.90 million), collectively dominating the capital movement. The weekly total nearly matched Spot Bitcoin ETFs' $2.39 billion during the same period, highlighting Ethereum's competitive positioning.
Analysts attribute the momentum to four key drivers: regulatory clarity from SEC approvals, surging institutional demand from pension funds and wealth managers, Ethereum's expanding utility in DeFi/NFT ecosystems, and the successful precedent of Bitcoin ETFs. These ETFs offer traditional investors exposure without direct custody complexities, enhancing accessibility through brokerage accounts.
While the inflows signify robust confidence, experts caution about Ethereum's inherent volatility and potential "sell-the-news" reactions post-full regulatory approval. Sustained capital injection, however, is expected to bolster long-term ETH price stability and catalyze broader altcoin market growth.