Ethereum ETFs Attract Over $729 Million in One Day
In a significant surge for the cryptocurrency market, Ethereum exchange-traded funds (ETFs) in the United States recorded a remarkable influx of $729.1 million on Wednesday. This inflow marks the second-largest single-day earnings since their introduction, highlighting robust investor interest in Ethereum during an electrifying market phase.
Leading ETFs and Record Inflows
- BlackRock’s ETHA topped the charts with $500.9 million in net inflows.
- Fidelity’s FETH closely followed with $154.7 million.
- Four additional Ethereum ETFs also saw positive influxes.
The recent boom in investments comes on the heels of record entry days, accumulating $1.02 billion on Monday and $523.9 million on Tuesday alone. Over the last three days, Ethereum products have garnered more than $2 billion, nearly seven times the $330.9 million added to Bitcoin ETFs in the same timeframe.
On Wednesday, the inflows into ETH ETFs alone surpassed Bitcoin funding by more than eight times, with Bitcoin products attracting just $86.7 million.
| Date | ETHA | FETH | ETHW | CETH | ETHV | QETH | EZET | ETHE | ETH | Total |
|---|---|---|---|---|---|---|---|---|---|---|
| August 13, 2025 | 500.9 | 154.7 | 10.8 | 0.0 | 0.0 | 0.0 | 3.6 | 7.8 | 51.3 | 729.1 |
| August 12, 2025 | 318.7 | 144.9 | 0.0 | 1.8 | 4.9 | 0.0 | 0.0 | 9.3 | 44.3 | 523.9 |
| August 11, 2025 | 639.8 | 276.9 | 4.3 | 3.9 | 9.4 | 0.0 | 4.9 | 13.0 | 66.6 | 1,018.8 |
| August 8, 2025 | 254.7 | 132.3 | 7.8 | 0.0 | 1.2 | 0.0 | 0.0 | 26.8 | 38.2 | 461.0 |
| August 7, 2025 | 103.5 | 31.8 | 24.8 | 0.0 | 7.0 | 3.9 | 5.8 | 10.9 | 34.6 | 222.3 |
| August 6, 2025 | 33.4 | 0.0 | 0.0 | 0.4 | 0.0 | 0.0 | 0.0 | 10.0 | -8.7 | 35.1 |
| August 5, 2025 | 88.8 | 0.0 | 0.0 | 3.6 | 5.2 | 0.0 | 0.0 | -10.9 | -13.4 | 73.3 |
Data provided by remote investors.
Amidst this surge, Ethereum’s price saw a 2% increase over the last 24 hours, reaching $4,775 on Thursday morning. This places it just under 4% away from its all-time high of nearly $4,900 recorded in November 2021, according to CoinGecko. Over the past month, the token has skyrocketed by over 60%, triggering $127.4 million in short liquidations in the last day alone, as reported by CoinGlass.
Analyst Raises Ethereum Price Target to $7,500
Geoff Kendrick, an analyst at Standard Chartered, has increased his end-of-year price target for Ethereum to $7,500, up from $4,000. He attributes this revision to rising institutional demand, favorable regulations, and upcoming network upgrades. Moreover, Kendrick has projected Ethereum to substantially outperform Bitcoin, predicting the ETH/BTC ratio will rise from 0.039 to 0.05.
Kendrick pointed out that Ether Treasury holdings and spot ETFs have acquired 3.8% of all circulating ETH since early June, marking a rate of accumulation twice that of Bitcoin. The momentum for Ethereum has also been bolstered by the recent passage of the U.S. GENIUS Act in July, which supports broad consumer adoption of stablecoins.
Notably, over half of all stablecoins are issued on the Ethereum platform, producing approximately 40% of the blockchain’s fees, as noted by Kendrick. In technical developments, Ethereum’s developers are committed to enhancing Layer 1 throughput tenfold, facilitating high-value transactions and propelling the growth of Layer 2 ecosystems.
