He framed ETHA’s weekly haul as a significant moment, noting on July 12 that the vehicle is “hanging with the big dogs for the first time.”
Ethereum ETFs launched on July 23, 2024, and crossed $4 billion in cumulative flows on June 23, achieving this milestone in 231 trading days.
The first $3 billion required 216 sessions. By contrast, the jump from $4 billion to $5 billion occurred in just over two weeks of trading, including five consecutive days with total inflows exceeding $200 million.
Aggregate daily data from July show that ETHA alone drew $300.9 million on July 10, followed by $158.6 million on July 9 and $137.1 million on July 11.
Due to the recent additions, spot Ethereum ETFs now represent over 10% of the total inflows of Bitcoin ETFs traded in the US.
