BlackRock’s ETHA was the clear leader, raking in $318.67 million, while Fidelity’s FETH followed with $144.9 million. Grayscale’s Mini Ether Trust chipped in another $44.25 million. In total, six of the nine Ether ETFs posted inflows that day, pushing combined assets under management across the products to $27.6 billion — roughly 4.8% of Ethereum’s entire market cap.

Flows ETFs Ethereum
Flows ETFs Ethereum

By comparison, spot Bitcoin ETFs looked sluggish, attracting just $65.9 million. That gap is starting to turn heads on Wall Street. Nate Geraci of NovaDius Wealth called it a “noticeable shift,” noting that since July, ETH products have pulled in nearly $1.5 billion more than their Bitcoin counterparts.

Institutional interest is clearly part of the story. Around $8.9 billion worth of ETH now sits on corporate balance sheets, tightening supply at the same time as exchange reserves continue to shrink. With ETF demand staying strong and liquidity deepening, Ethereum is looking increasingly positioned as the backbone of future financial markets.