Spot Ethereum ETFs Draw $729M, Second-Largest Daily Inflow

Highlights:

• Spot Ethereum ETFs in the U.S. saw $729.1 million net inflows on Wednesday.
• BlackRock’s ETHA led with $500.9 million, while FETH added $154.7 million.
• The ETH ETFs rally lifted Ethereum’s price to around $4,775, approaching its November 2021 peak.

U.S. spot Ethereum Exchange-Traded Funds (ETFs) saw significant inflows on Wednesday, totaling $729.1 million, marking the second-largest single-day total since their debut. Data from SoSoValue shows that BlackRock’s iShares Ethereum Trust ETF (ETHA) led the gains with $500.9 million, while Fidelity’s Ethereum Fund (FETH) contributed $154.7 million in net inflows. Four other spot ETH ETFs also posted gains. These numbers follow Monday’s record-breaking inflows of $1.02 billion and Tuesday’s $523.9 million.

Spot eth ETFs post 3rd best inflow day ever…

Over $700mil.

3 of top 6 inflow days since launch have come *this week*.

$3bil new $$$ over past 7 trading sessions.

On another heater.

— Nate Geraci (@NateGeraci) August 14, 2025

Ethereum ETFs Outperform Bitcoin in Recent Fund Flows

Ethereum is outperforming Bitcoin in recent fund activity. On Wednesday, U.S. spot Bitcoin ETFs recorded $86.9 million in net inflows, after $65.9 million on Tuesday and $178.2 million on Monday. The ETH ETFs rally has driven ETH’s price to $4,775 early Thursday, just 4% below its November 2021 all-time high of around $4,900, according to CoinMarketCap. Bitcoin also surged alongside Ethereum, briefly trading above $124,000 on Wednesday, reaching a new all-time high. The world’s leading cryptocurrency rose 2.8% in 24 hours, reaching $122,704, as Ethereum maintained its strong upward momentum.

Ethereum Market Outlook Strengthens with Rising Demand and Price Forecasts

Tom Lee and Fundstrat’s Head of Digital Asset Research, Sean Farrell, predict Ethereum may reach $10,000 by the end of the year. In their latest research note, they noted that if market conditions remain strong, the rally could even push prices higher, reaching $12,000–$15,000. Lee emphasizes that Ethereum’s price appreciation mirrors its crucial role in supporting institutional blockchain initiatives and stablecoin infrastructure. He called it “arguably the biggest macro trade over the next 10–15 years.”

Moreover, Standard Chartered has raised its year-end Ethereum price target to $7,500, up from $4,000. The bank cites rising stablecoin usage, increased staking demand, and wider industry participation as key growth drivers. This new target is nearly 60% above Ether’s recent multi-year high. With institutional capital flowing rapidly into ETH ETFs and improving market conditions, Tom Lee’s $10,000 Ethereum price forecast now appears increasingly plausible.

Institutional demand is driving a tightening supply of Ethereum. Monthly inflows into Ethereum ETFs have reached $2.3 billion, equal to 500,000 ETH, while only 450,000 ETH has been created since the September 2022 merge. Crypto treasury companies are also increasing their purchases. BitMine Immersion, the biggest corporate holder of Ethereum, announced plans to increase its fundraising goal by $20 billion, bringing the total to $24.5 billion for additional ETH purchases. This is a significant jump from its previous $4.5 billion stock offering. 

While institutional inflows and corporate Ether holdings boost ETH, Buterin warns of long-term risks. He cautions that too much leverage in ETH treasuries could create problems in the future. “If you woke me up three years from now and told me that treasuries led to the downfall of ETH… my guess would basically be that somehow they turned it into an overleveraged game,” he said.

Are ETH Treasuries good for Ethereum?@VitalikButerin thinks they can be:

“ETH just being an asset that companies can have as part of their treasury is good and valuable… giving people more options is good.”

But he also issues a warning:

“If you woke me up 3 years from now… pic.twitter.com/W55oUD7Lke

— Bankless (@BanklessHQ) August 7, 2025