Ethereum spot exchange-traded funds pulled in $101 million on Thursday, with BlackRock's offering alone accounting for $37 million — more than a third of the day's total. The data, compiled by industry trackers, marks one of the stronger days for ETH investment products this quarter.
BlackRock's dominant share
BlackRock's spot Ethereum ETF led all competitors by a wide margin. The $37 million inflow pushed the fund's cumulative haul past the $2 billion mark since launch, according to public filings. No other single ETF cracked $20 million on the day.
The remaining $64 million was split among half a dozen other issuers, including Fidelity and Grayscale. That's a familiar pattern: since debut, BlackRock has consistently captured between 35% and 40% of total flows.
What the numbers say
Thursday's total was the highest single-day net inflow in about three weeks. The previous high came in late May when $95 million entered the category. The streak of positive days now stands at four, though the pace has been uneven — Tuesday saw just $12 million.
Unlike earlier in the year, when inflows were often front-loaded into the start of the trading week, the distribution has been more scattered lately. That could reflect shifting institutional allocation patterns, but without granular order data, it's hard to pin a single cause.
The next official ETF flow data is expected Friday morning, which will offer the first clue on whether this pace has legs. For now, the $101 million figure is a solid number in a market that's seen its share of quiet days.
