TLDR
- BlackRock Ethereum ETF has surpassed 3 million ETH in total holdings after a large purchase on July 29.
- The fund added 59,309 ETH in a single day, bringing its assets under management to over $11.1 billion.
- ETHA share price has gained 50 percent this month and is now approaching the $30 level.
- Ethereum ETF inflows outpaced daily ETH issuance by 24 times, reflecting strong institutional demand.
- ETHA alone contributed $223 million in net inflows on Tuesday, leading the entire Ethereum ETF market.
The BlackRock Ethereum ETF has crossed 3 million ETH in holdings after adding 59,309 ETH on July 29. Assets under management have surged past $11.1 billion, supported by strong institutional inflows throughout July. ETHA share price is now nearing the $30 mark after gaining 50% this month.
BlackRock Ethereum ETF Sees Record-Breaking Inflows in July
The BlackRock Ethereum ETF added more than 1.23 million ETH during July, contributing to over 40% of its total holdings. On July 29 alone, the fund added 59,309 ETH, marking a significant daily acquisition. As a result, ETHA’s total ETH holdings now stand at 3 million.
Investor interest in ETHA continues to rise, driving its assets under management beyond $11.1 billion. The growing AUM reflects rising confidence in Ethereum and the product’s institutional demand. The ETHA share price rose by 50% this month and currently hovers around $30.
ETHA shares recorded $1.1 billion in daily trading volume on Tuesday, highlighting strong market participation. The ETF continues to lead inflows across all Ethereum-based funds. BlackRock Ethereum ETF remains the dominant vehicle for Ether exposure in traditional markets.
Ethereum ETF Demand Outpaces Daily ETH Issuance
On July 29, Ethereum ETFs recorded net inflows of nearly 58,000 ETH, surpassing the network’s daily issuance of 2,399 ETH. This 24-fold demand gap underscores strong accumulation by institutions through regulated products. ETF-driven buying continues to absorb most of the new ETH supply.
Whales have increased Ethereum accumulation amid price stability above $3,800, indicating solid support at current levels. The combined ETF inflows and on-chain accumulation signal positive sentiment toward Ethereum’s mid-term outlook. Meanwhile, the ETHA fund continues to lead all Ethereum ETFs by net flows.
The BlackRock Ethereum ETF alone accounted for $223 million of Tuesday’s $218 million net inflows in Ethereum funds. Its consistent growth has helped increase Ethereum’s ETF market share from 10% to 13% over the past two months. This rise reflects a shift in investor preference toward Ether-based products.
Bitcoin ETF Market Share Slips Amid ETHA’s Rise
Bitcoin ETFs now control 82% of the crypto ETF AUM, down from 90% just two months ago. Meanwhile, Ethereum ETFs have gradually climbed to a 13% share and continue gaining ground. BlackRock Ethereum ETF plays a central role in this growing shift.
Bloomberg strategist Eric Balchunas acknowledged Ethereum’s rising presence but expects it to remain below 20% of crypto ETF AUM. Despite this, the BlackRock Ethereum ETF continues to attract dominant inflows across the sector. Its performance has significantly reduced Bitcoin’s relative ETF market share.
Ether ETFs' surge in price and flows has it stealing bitcoin's asset share. Btc ETFs have 82% of crypto aum pie- down from 90% just 2mo ago. Ether up to 13% share and gaining. Altho I'm still sticking with prediction that it won't get beyond 20%. Lot of competition on the way.. pic.twitter.com/aBjwtUCdYD
— Eric Balchunas (@EricBalchunas) July 29, 2025
In a major development, the SEC has acknowledged the ETH staking proposal linked to the BlackRock Ethereum ETF. Approval could allow staking rewards to pass through to investors, increasing fund attractiveness. Analysts expect a decision before year-end, which could further boost inflows.
