BlackRock’s iShares Ethereum Trust has made ETF history by accumulating $10 billion in assets within 251 days of launch, achieving the third-fastest growth to this milestone in the industry’s three-decade existence. Only two itcoin">Bitcoin-focused funds have reached this threshold more quickly: BlackRock’s own itcoin">Bitcoin Trust in 34 days and Fidelity’s itcoin">Bitcoin fund in 53 days. The most remarkable aspect of ETHA’s achievement came in its final sprint, where the fund doubled from $5 billion to $10 billion in merely 10 days, representing what Bloomberg analysts describe as the fastest period ever recorded for such massive asset accumulation in ETF history.
This extraordinary growth coincided perfectly with Ethereum’s price rally, which saw ETH climb toward $3,850 earlier this week before settling around $3,710. Market experts describe the relationship between fund inflows and price movements as a symbiotic “tango,” where each factor reinforces the other in a continuous feedback loop. The momentum represents a dramatic shift from the initially modest reception Ethereum ETFs received compared to their itcoin">Bitcoin counterparts, suggesting that institutional investors have finally embraced direct Ethereum exposure through traditional investment vehicles.
The acceleration has been bolstered by improved regulatory conditions under the Trump administration, particularly the passage of the GENIUS Act, which specifically benefits Ethereum as the leading platform for stablecoin operations. Collectively, all nine US-listed Ethereum ETFs attracted over $1.1 billion in inflows during just the first three trading days of the week, according to asset management data. However, despite this impressive performance, Ethereum products still significantly trail itcoin">Bitcoin ETFs, which collectively manage more than $140 billion in assets, with BlackRock’s itcoin">Bitcoin fund alone controlling over $70 billion.
Industry analysts believe this surge marks a pivotal moment for institutional Ethereum adoption, with many expressing surprise at how long it took investors to recognize the opportunity after itcoin">Bitcoin ETFs’ immediate success. The recent enthusiasm surrounding stablecoins and corporate Ethereum treasury strategies has provided the catalyst needed to drive sustained institutional demand. While questions remain about whether this momentum will permanently break Ethereum out of its trading range, the rapid asset accumulation clearly signals that institutional appetite for Ethereum exposure has definitively materialized in the ETF marketplace.
