BlackRock’s iShares Ethereum Belief has raced previous a serious mark. It now holds $10 billion in belongings, only one 12 months after launch. That tempo makes it the quickest non‑Bitcoin ETF to hit that degree and the third‑quickest ETF general in US historical past.
Ethereum Fund Hits 10 Billion AUM
ETHA’s speedy recognition additionally might result in extra competitors. Different issuers can be watching carefully to see if staking approval provides ETHA a leg up on the competitors.
Decrease value charges or competing custodians might change their choices to stay aggressive. Buyers can be evaluating price schedules, custodial preparations, and staking alternatives as they place their Ether.
LOOK OUT: $ETHA simply hit $10b in a single 12 months flat, the third quickest ETF to hit that mark in historical past after (you guessed it) two bitcoin ETFs $IBIT & $FBTC. Amazingly it went from $5b to $10b in simply 10 days (ETF asset equiv of a God candle). Is in Prime 5 in flows 1M, 1W. Sister Hazel! pic.twitter.com/Jrrb15BdHV
— Eric Balchunas (@EricBalchunas) July 24, 2025
Ethereum ETFs are transferring rapidly. Newest information reveals they drew practically $5 billion in month-to-month inflows general. On July 17 alone, Ethereum funds noticed $602 million web injections.
On the similar time, Bitcoin ETFs introduced in over $520 million. That shift hints at rising confidence in Ethereum’s position past easy forex use.
Quickest Non‑Bitcoin ETF To Attain Milestone
ETHA’s sponsor price of 0.25% is low sufficient to draw massive gamers. Primarily based on stories, BlackRock set it up with Coinbase Prime as custodian after submitting in November 2023.
The US Securities and Change Fee accredited spot Ethereum ETFs alongside seven different funds early in 2024. That inexperienced gentle opened the door for main institutional flows.
Analysts level to Ethereum’s proof‑of‑stake system and its DeFi functions as key drivers. Staking locks up Ether and earns rewards, providing a possible yield that Bitcoin funds can’t match.
BlackRock has utilized to let ETHA stake its holdings. If accredited, a few of ETHA’s Ethereum can be locked as much as generate staking earnings. That call may come later this 12 months after the SEC clarified that staking rewards rely as earnings, not a safety.
Buyers Turning To Crypto Merchandise
Ethereum’s rise additionally displays a broader seek for yield. With bond returns nonetheless low and inventory markets unstable, some traders are turning to crypto merchandise that provide returns past worth positive aspects.
ETHA’s fast development reveals that institutional demand for crypto is not restricted to Bitcoin. Primarily based on stories, ETHA ranks first amongst spot Ethereum ETFs in each measurement and development price.
BlackRock’s deep pockets and revered model don’t harm both. A big model like BlackRock has clout with regards to working with extremely regulated belongings.
With Ethereum now being seen as a broader-than-niche token, massive asset managers see an opportunity so as to add crypto to mainstream portfolios.
Featured picture from Pexels, chart from TradingView

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