BlackRock Records $1 Billion Ethereum Inflow

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

The fund recorded positive flows on every trading day during the period, avoiding the outflows that have periodically affected other products in the U.S. spot Ethereum ETF market.

Arkham Intelligence highlighted the streak after ETHA accumulated $889.8 million during its first eight sessions. That figure matched data compiled by Farside, providing another indication of the scale of demand flowing into BlackRock’s Ethereum product.

ETHA accounted for approximately 72% of total net inflows into U.S. spot Ethereum ETFs during the nine-session period. Across the broader group of funds, investors added roughly $1.42 billion.

The buying continued on August 28, when U.S. spot Ethereum ETFs collectively recorded another $102.1 million in net inflows. ETHA again led the group, attracting approximately $83.8 million.

The latest figures highlight a notable divergence between Ethereum and Bitcoin exchange-traded products. While Ethereum funds have continued to attract capital, U.S. spot Bitcoin ETFs experienced approximately $202 million in net outflows on August 28, according to available fund-flow data.