Key Insight: Ethereum ETFs extended their record-breaking inflow streak to 16 days, drawing $452.72 million Friday—representing cumulative $9.33 billion since launch—and pushing assets to $20.66 billion, or roughly 4.64% of ETH’s market cap.

On Friday, US-listed spot Ethereum exchange-traded funds (ETFs) continued their remarkable inflow trend, recording a record $452.72 million in net inflows and extending their 16-day winning streak, according to tracker SoSoValue data.

Ethereum Fund Tracker Highlights

• BlackRock’s iShares ETHA led with a massive $440.10 million in daily net inflows, bringing its total AUM to $10.69 billion—a commanding lead in the US market.
• Bitwise ETF ($9.95 million), Fidelity’s FETH ($7.30 million) followed.
• Grayscale‘s ETHE ETF stood out as an exception, however, continuing a sharp reversal with $23.49 million in daily outflows—pushing its cumulative net loss to $4.29 billion since inception, the largest deficit among all US Ether products.

Collectively, the market saw $1.5 billion traded across spot ETH ETFs in recent sessions, with cumulative net assets reaching $20.66 billion. Financial authorities highlight a persistent narrative: institutional adoption boosting ETF asset accumulation in anticipation of Ethereum’s utility in DeFi and smart contracts.

With surging interest in stablecoins and tokenization, we expect strong ETH ETP inflows for a long time to come.” – Matt Hougan, Bitwise CIO

Analysts predict substantial continued ETF demand, with Bitwise CIO Matt Hougan estimating aggregate demand across ETPs and institutional custodians could approach $20 billion (equivalent to ~5.33 million ETH) in the next year—outpacing a projected Ethereum issuance of just 0.8 million ETH over this period by the network’s protocol design (mechanism called fee burn/inflation control).

Meanwhile: Spot Bitcoin ETFs Attract Inflows