Institutional interest in Ethereum is skyrocketing, as U.S. spot Ethereum ETFs saw nearly $640 million in net inflows on August 14 — marking one of the strongest days for the asset class since launch.
According to SoSo Value data, BlackRock’s ETHA led the charge with $519.7 million in inflows, far surpassing competitors.
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Grayscale Ethereum Mini Trust followed with $60.7 million.
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Fidelity’s FETH pulled in $56.9 million.
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Invesco’s Ethereum ETF added $2.2 million.
Other issuers saw no inflow activity for the day.
Nate Geraci, President of NovaDius Wealth, emphasized that August 14 ranked as the fourth-highest inflow day for spot ETH ETFs since their inception — with three of the top four days happening this week alone. Over the past four sessions, nearly $3 billion has poured into these products, which Geraci described as “a vacuum for fresh investor capital.”
Record-Breaking Trading Volumes
The inflows come alongside unprecedented trading activity. On August 13, BlackRock’s ETHA recorded a massive $3 billion in trading volume, the largest single-day total in the ETF’s history. This figure places ETHA in the top 0.1% of all ETFs and stocks, surpassing the daily trading volumes of giants like JPMorgan and Berkshire Hathaway.
Bloomberg ETF analyst Eric Balchunas highlighted that this performance ranks ETHA seventh overall among all ETFs and stocks for the day — an extraordinary feat for a crypto-focused fund.
Institutional Confidence in Ethereum Grows
These numbers underscore a surging wave of institutional adoption. Investors are not only increasing their exposure to Ethereum, but they’re also choosing regulated ETFs as their preferred entry point into the market. If the trend continues, ETH-focused ETFs could become a core fixture in institutional crypto investment strategies.