Inflows into spot Ethereum ETFs broke records over the past four days, reaching $1.53 billion. The most prominent move behind this trend was BlackRock’s $550 million ETH purchase. During the same period, Grayscale and Fidelity also made significant buys: Grayscale reached roughly 1.82 million ETH (about $8.3 billion), while Fidelity reached 763,000 ETH (about $3.5 billion).

Assets under management for these ETFs quickly climbed to $30.2 billion, equivalent to roughly 5.4% of Ethereum’s circulating supply. This is a strong sign that steady retail interest is increasingly joining forces with institutional capital.

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Daily Performance of ETH ETFs

• August 26 — net inflows into spot ETH ETFs amounted to $455 million, far exceeding the $88.2 million drawn by Bitcoin ETFs on the same day.
• On the same day, BlackRock’s ETHA fund recorded $323 million, Fidelity $85.5 million, and Grayscale’s ETF saw $5.3 million in inflows.
• Over this period, Ethereum ETF inflows reached up to $1.83 billion in total, significantly outpacing Bitcoin ETFs which saw only $171 million in inflows.

Institutional Whales Are Also Active

Beyond ETF issuers, on-chain data shows major whale wallets accumulating millions of dollars worth of ETH — one wallet alone purchased 641,508 ETH in a single week, roughly $3 billion. Additionally, institutional investors like SharpLink have expanded their holdings with an extra $24 million in ETH.

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