The average daily inflow is $233 million, which would total over $930 million in the four trading days left in July.
Even if the average doesn’t repeat itself, the ETFs require $162.5 million daily to reach $10 billion, and 13 out of 16 trading days with inflows have surpassed this amount.
“$ETHA 17th most traded ETF today Top 0.4% of all ETFs, first time I recall seeing it in there. Given it is up 5% today and still pretty new a lot of this volume is gonna convert to inflows.”
In a note, he said this growth reflects the increased conviction in Ethereum’s utility, sustainability, and long-term staying power, particularly due to its use in tokenization, stablecoins, and on-chain settlement.
He concluded:
“The rise of Ether ETF AUM to over $20 billion, which represents almost 5% of Ether’s total market cap, speaks to this growing strategic asset role it’s now occupying in institutional portfolios.”