Ethereum ETFs soar past Bitcoin in new flows as institutional focus shifts

Ethereum exchange-traded funds (ETFs) are recording a remarkable surge in investor interest, consistently outperforming their Bitcoin counterparts throughout the past week.

SoSo Value data shows that spot ETH ETFs attracted $231.23 million in new capital on July 24, edging past the $226.61 million net inflows recorded by spot Bitcoin ETFs.

When the timeline is extended to the past six trading days, spot ETH ETFs have received nearly $2.4 billion in net inflows, almost triple the $827.6 million logged by Bitcoin ETFs in the same period.

This trend reflects a broader shift in institutional investor sentiment, with attention moving increasingly toward Ethereum-based products.

Speaking on the milestone, crypto analyst Bec said:

“This is the first time in ETF history that Ethereum has consistently outperformed Bitcoin in daily inflows across multiple trading sessions. It’s clear ETH is officially regarded as a institutional grade asset.”

Ethereum ETFs momentum

The inflow momentum has propelled Ethereum ETF holdings to new record heights.

In July 2025 alone, ETH ETFs have absorbed more than $4.4 billion in inflows, exceeding the total inflows from the entire previous 12-month period, which stood at $4.2 billion.

As a result, the total amount of ETH held by ETFs has jumped by nearly 50% in just two months, rising from 3.5 million ETH on May 1 to 5.6 million ETH as of July 24, according to data from the Strategic ETH Reserve. Their holdings now represent roughly 5% of ETH’s market capitalization.

BlackRock’s iShares Ethereum Trust (ETHA) has played a critical role in this run. Since July 1, ETHA has added over 1 million ETH to its portfolio, growing its holdings to 2.8 million ETH, valued at approximately $10.22 billion.

This rapid accumulation helped ETHA become the third-fastest ETF in history to hit $10 billion in assets under management.

BlackRock ETHA AuM (Source: X/Balchunas)

Bloomberg Senior ETF Analyst Eric Balchunas highlighted the speed of ETHA’s growth, noting it went from $5 billion to $10 billion in just 10 days, which is “the ETF equivalent of a God candle.”

Despite the funds’ strong performance, Bitwise CIO Matt Hougan believes Ethereum is still underrepresented in ETF portfolios.

According to Hougan, investors would need to allocate an additional $7–8 billion to bring ETH exposure in line with market weight, assuming Bitcoin ETF flows remain flat.

The post Ethereum ETFs soar past Bitcoin in new flows as institutional focus shifts appeared first on CryptoSlate.