BlackRock’s ETHA attracts $1.02 billion in 9 days as Bitcoin ETFs see outflows

BlackRock’s iShares Ethereum Trust ETF (ETHA) has drawn approximately $1.02 billion in net inflows over nine consecutive U.S. trading sessions from August 17 to August 27, based on data from SoSoValue.

Strong inflows for ETHA and Ethereum ETFs

ETHA maintained positive net flows each trading day during this period, outpacing several competing spot Ethereum ETFs, which at times faced withdrawals. The sustained buying reflects strong investor demand for the fund, which launched earlier this year as BlackRock’s flagship spot Ethereum product.

Arkham Intelligence reported that ETHA accumulated $889.8 million over its first eight sessions, a figure also supported by Farside’s data, further emphasizing the scale of capital being allocated to BlackRock’s Ethereum ETF.

The fund accounted for about 72% of total net inflows to all U.S. spot Ethereum ETFs during the nine-session window. Across the segment, investors added roughly $1.42 billion.

Over nine consecutive trading sessions, ETHA captured the majority of capital entering spot Ethereum ETFs, bringing in more than $1 billion and outpacing other products in the market.

Momentum continued on August 28, with spot Ethereum ETFs in the U.S. collectively attracting another $102.1 million in net inflows. ETHA led the group, drawing approximately $83.8 million that day.