Home Ethereum News Ethereum Spot ETFs Set New Record With $5.41 Billion Inflows in July
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Ethereum Spot ETFs Set New Record With $5.41 Billion Inflows in July

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Ethereum Spot ETFs Set New Record With $5.41 Billion Inflows in July
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U.S. spot Ethereum ETFs witnessed an extraordinary surge in investor interest during July, pulling in a massive $5.41 billion in net inflows according to research platform SosoValue. This unprecedented monthly figure actually exceeded the combined total of all previous months since these investment vehicles first launched.

As of July 29, the cumulative inflow across all U.S. ETH spot ETFs reached $9.62 billion, with BlackRock’s ETHA fund capturing the majority of investor dollars at $9.70 billion in total inflows. These numbers account for the substantial $4.31 billion in net outflows from Grayscale’s ETHE fund following its conversion from a trust structure.

BlackRock Leads the Charge

Fidelity’s FETH has also demonstrated strong appeal among investors, contributing $2.29 billion to the overall total. The robust performance seen across most funds indicates a highly successful period of institutional engagement in the Ethereum ecosystem.

Market observers are calling this development historic, viewing it as clear evidence of growing institutional interest in cryptocurrency investments. One analyst highlighted that BlackRock’s market dominance, combined with 18 consecutive days of net inflows, demonstrates strong commitment from both traditional finance institutions and major crypto investors.

Price Momentum Follows Fund Flows

The substantial capital influx into Ethereum spot ETFs created significant upward pressure on ETH’s market price throughout July. The leading altcoin experienced remarkable bullish momentum, climbing over 67% between July 1 and July 29 while breaking through key resistance levels that had previously held firm.

TradingView data indicates Ethereum was trading at $3,814 at press time, sitting roughly 7.5% below its all-time high. Many market participants anticipate the upward trend will persist, potentially pushing Ethereum into uncharted price territory. Even with some profit-taking activity from retail investors, the cryptocurrency has maintained strong bullish momentum, suggesting the overall upward trajectory remains solid.

Implications for Market Dynamics

The record-breaking ETF inflows signal strong institutional confidence in Ethereum’s long-term prospects and could encourage additional traditional finance participation. This sustained institutional interest may provide fundamental support for continued price appreciation in the near term.

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Written by
Logan Pierce

Logan Pierce is a U.S.-based crypto researcher and Web3 strategist with deep expertise in AI tools for crypto, Layer 2 scaling, DeFi, and on-chain analytics. With a background in software development and macro trend analysis, he breaks down complex blockchain topics into actionable insights. Logan regularly covers tokenomics, security, airdrops, and emerging technologies like zk tech, helping both beginners and advanced users navigate the evolving crypto landscape.

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