BlackRock’s iShares Ethereum Belief has raced previous a significant mark. It now holds $10 billion in property, only one 12 months after launch. That tempo makes it the quickest non‑Bitcoin ETF to hit that stage and the third‑quickest ETF total in US historical past.
Ethereum Fund Hits 10 Billion AUM
ETHA’s speedy recognition additionally could result in extra competitors. Different issuers will likely be watching intently to see if staking approval offers ETHA a leg up on the competitors.
Decrease price charges or competing custodians could change their choices to stay aggressive. Buyers will likely be evaluating payment 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 shifting shortly. Newest knowledge reveals they drew practically $5 billion in month-to-month inflows total. On July 17 alone, Ethereum funds noticed $602 million internet injections.
On the identical time, Bitcoin ETFs introduced in over $520 million. That shift hints at rising confidence in Ethereum’s function past easy foreign money use.
Quickest Non‑Bitcoin ETF To Attain Milestone
ETHA’s sponsor payment of 0.25% is low sufficient to draw massive gamers. Primarily based on reviews, BlackRock set it up with Coinbase Prime as custodian after submitting in November 2023.
The US Securities and Alternate Fee authorised spot Ethereum ETFs alongside seven different funds early in 2024. That inexperienced mild opened the door for main institutional flows.
Analysts level to Ethereum’s proof‑of‑stake system and its DeFi purposes 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 authorised, a few of ETHA’s Ethereum will likely be locked as much as generate staking earnings. That call might 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 risky, some buyers are turning to crypto merchandise that supply returns past value beneficial properties.
ETHA’s fast progress reveals that institutional demand for crypto is now not restricted to Bitcoin. Primarily based on reviews, ETHA ranks first amongst spot Ethereum ETFs in each measurement and progress price.
BlackRock’s deep pockets and revered model don’t harm both. A big model like BlackRock has clout in terms of working with extremely regulated property.
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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