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Key Takeaways:
- BlackRock’s ETHA fund leads U.S. Ethereum ETF inflows, surpassing $5.5 billion in net assets.
- Institutional interest in ETH is accelerating, with Bit Digital and SharpLink Gaming making major Ethereum investments.
- Despite price resistance and whale sell pressure, the momentum in ETF inflows and corporate accumulation could set the stage for Ethereum ETF innovations like staking support.
Spot Ethereum ETFs are witnessing robust capital inflows, signaling strong investor confidence even amid market volatility. On July 1, total net inflows across all U.S. Ethereum ETFs hit $40.7 million — and BlackRock’s iShares Ethereum Trust ETF (ETHA) alone accounted for $54.8 million of that, once again cementing its dominance in the space.
BlackRock ETHA Dominates Inflows as Cumulative Total Tops $5.5 Billion
Since its launch, BlackRock’s ETHA has quickly become the go-to Ethereum ETF for institutional investors. The fund has recorded inflows in 29 of the past 30 days, with cumulative net inflows surpassing $5.5 billion. ETHA’s consistent performance highlights growing interest in Ethereum-based investment products, despite recent price turbulence in the broader crypto market.
These sustained inflows come at a time when Ethereum struggles to break past the $2,500 resistance level, largely due to continued selloffs by ETH whales. This sell pressure has kept ETH trading just below the key psychological and technical level, even as ETF demand surges.
Institutional Appetite for Ethereum Continues to Grow
Institutional demand for Ethereum shows no signs of slowing. Nasdaq-listed Bit Digital (BTBT) recently announced a $162.9 million fundraising initiative through the issuance of over 86 million shares, with proceeds earmarked for ETH purchases. The firm already operates one of the largest ETH staking platforms among public companies and sees Ethereum as central to its long-term growth.
This move follows Bit Digital’s $150 million raise in June, further signaling a corporate pivot to Ethereum staking as a core business model. With annual staking yields of 3–5% and deflationary supply mechanics, Ethereum is increasingly seen as a high-potential asset among institutional investors.
SharpLink Gaming(@SharpLinkGaming), which previously announced a purchase of 188,478 $ETH($473.6M) at $2,513, bought another 4,951 $ETH($12.4M) via OTC in the past 6 hours.https://t.co/cW8EvzSFxt pic.twitter.com/OMFNSeLE4A
— Lookonchain (@lookonchain) July 1, 2025
SharpLink Gaming Adds to ETH Holdings
SharpLink Gaming, the largest corporate holder of Ethereum, added another 4,951 ETH (worth $12.4 million) via over-the-counter transactions this week. This latest purchase brings its total Ethereum holdings close to the 200,000 ETH mark — a massive commitment worth nearly half a billion dollars at current prices.
The company’s aggressive ETH acquisition strategy reinforces the narrative that Ethereum is becoming a preferred long-term holding for publicly traded firms with Web3 ambitions.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Ethereum Community Foundation Launches to Drive ETH Price to $10K and Expand Ecosystem
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
