U.S. spot Ether exchange-traded funds (ETFs) have racked up over $3 billion in net inflows in just the first two weeks of August, putting them on track for their strongest month since launch — and possibly their best week ever.
According to ETF data tracker SoSoValue, more than $2.9 billion has flowed into spot Ether ETFs this week alone. Daily inflows have averaged $700 million, with Monday setting a record at over $1 billion.
ETH Price Surges to Yearly Peak
The ETF buying spree coincides with a sharp rally in Ethereum’s price. On Thursday, ETH surged to a yearly high of $4,765.83, before pulling back below $4,500 and later recovering above $4,600. The asset is up nearly 20% this week.
Total net assets across all spot Ether ETFs have now reached $29.22 billion, signaling a renewed wave of institutional and retail demand for regulated ETH exposure.
A Five-Month Inflow Streak
Spot Ether ETFs have now accumulated $12.73 billion in cumulative net inflows since launch and are on track for five consecutive months of net gains heading into September.
On Thursday alone:
- BlackRock’s iShares Ethereum Trust (ETHA) led with $519.68 million in inflows.
- Grayscale Ethereum Mini Trust (ETH) followed with $60 million.
- Fidelity Ethereum Fund (FETH) ranked third with $57 million.
Wednesday also saw $729 million in inflows, marking the second-strongest daily total on record — only behind Monday’s surge.
Market strategy firm Fundstrat sees Ethereum’s momentum continuing, with CIO Thomas Lee calling ETH the “biggest macro trade” of the next decade.
Head of digital asset research Sean Farrell projects ETH could reach $12,000–$15,000 by year’s end, citing strong capital inflows and favorable market conditions.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.