Ethereum exchange-traded funds (ETFs) are experiencing a significant surge in investor interest, consistently surpassing the daily inflows of their Bitcoin counterparts. According to data from SoSo Value, on July 24, spot Ethereum ETFs attracted $231.23 million in new capital, slightly more than the $226.61 million recorded by Bitcoin ETFs.
This trend is even more pronounced over a longer period. In the last six trading days, spot ETH ETFs have accumulated nearly $2.4 billion in net inflows, which is almost triple the $827.6 million logged by Bitcoin ETFs during the same time frame. This suggests a broader shift in institutional sentiment, with a growing focus on Ethereum as a key investment.
Crypto analyst Bec commented on the milestone, stating, "This is the first time in ETF history that Ethereum has consistently outperformed Bitcoin in daily inflows across multiple trading sessions. It’s clear ETH is officially regarded as an institutional grade asset."
The momentum behind these inflows has driven the total amount of ETH held by ETFs to new record highs. In July 2025 alone, ETH ETFs have absorbed over $4.4 billion in new capital, a figure that exceeds the total inflows from the entire preceding 12-month period.
As a result, the total amount of ETH held by ETFs has jumped by nearly 50% in just two months, rising from 3.5 million ETH on May 1 to 5.6 million ETH as of July 24. These holdings now represent approximately 5% of Ethereum’s total market capitalization.
BlackRock's iShares Ethereum Trust (ETHA) has been a major contributor to this growth. Since July 1, ETHA has added over 1 million ETH to its portfolio, bringing its total holdings to 2.8 million ETH, valued at approximately $10.22 billion. Bloomberg Senior ETF Analyst Eric Balchunas highlighted the rapid pace of this growth, noting that ETHA went from $5 billion to $10 billion in just 10 days, calling it "the ETF equivalent of a God candle."
Despite this impressive performance, Bitwise CIO Matt Hougan believes that Ethereum is still underrepresented in ETF portfolios. He estimates that an additional $7–8 billion would be needed to bring ETH exposure in line with its market weight relative to Bitcoin, assuming Bitcoin ETF flows remain stable.
July 2025, Cryptoniteuae