United States spot Ethereum exchange-traded funds (ETFs) have seen a remarkable week. The funds generated approximately $1.85 billion in net inflows between July 21 and July 25, marking the second-largest weekly intake since the products were launched.
According to data from SoSoValue, BlackRock’s ETHA secures the top position. The digital asset product saw $440.10 million in net inflows. As the world’s largest asset manager, the firm has over $10 trillion in assets under management (AUM).
Institutional Appetite for Ethereum Intensifies
Following BlackRock’s lead, Grayscale’s ETH came in second. The fund saw modest inflows of approximately $18.87 million. Additionally, Bitwise’s ETHW came in third position as the crypto asset product attracted roughly $9.95 million in inflows.
Notably, Fidelity’s FETH came in last. The asset product recorded the smallest inflows. Additionally, the funds reported a weekly intake of $7.30 million. The surge in capital flowing into Ethereum ETFs signals a growing appetite for exposure to ETH among both institutional and retail investors.
Beyond ETFs, some prominent public companies are also making ETH a strategic asset. For instance, SharpLink Gaming is the largest publicly traded firm to make ETH its core asset for treasury reserve. Recently, the firm expanded its ETH holdings. It announced another purchase of 7,210 ETH (equivalent to $295 million) at current market value.
Following its buying spree, the entity holds a total holding of 438,017 ETH, valued at approximately $1.69 billion. Other firms are also giving a second look at the altcoin, as bitcoin (BTC) may become too expensive to acquire.
World Liberty Financial, a crypto venture associated with U.S. President Donald Trump, has also recently purchased the world’s second-largest crypto. On July 23, 2025, the project acquired 3,473 ETH for $13 million. The initiative bought the assets at an average cost of $3,743 per ETH.
According to data from CoinGecko, ETH trades at $3,926. The altcoin has represented a 3.9% increase over the last 24 hours, approaching a $4,000 price level. The recent performance of ETH has also significantly contributed to its acquisition by major industry players.
Bitcoin ETFs Log $72M in Weekly Inflows
U.S. spot Bitcoin ETFs, on the other hand, saw more modest net inflows of $72.06 million over the same period. Despite the smaller figure, this still represents the seventh consecutive week of positive inflows for Bitcoin-based funds — a streak that underscores steady interest in BTC as a long-term store of value.
BlackRock’s IBIT led the table with a weekly inflow of $92.83 million. Ark 21Shares’ ARKB followed suit with $30.27 million in Inflows. Furthermore, Bitwise BITB, VanEck HODL, Fidelity’s FBTC, and Grayscale’s BTC attracted modest inflows of $20.96 million, $18.16 million, $10.19 million, $8.79 million, respectively.
Ephraim Emmanuel | July 23, 2026
Jonathan Agozie | July 22, 2026
