Thomas Daniels
U.S. spot Ether exchange-traded funds (ETFs) recorded the second-largest single-day inflow on record—$729 million on August 13—as Ethereum’s price climbed toward its all-time high. The surge followed Monday’s record-breaking inflow of $1.02 billion, signaling growing momentum and intensified investor appetite.
The $729 million inflow narrowly surpassed the previous high of $727 million set on July 16, when Ether was trading around $3,150.
BlackRock’s iShares Ethereum ETF (ETHA) led the inflow activity with over $500 million, while the Fidelity Ethereum Fund (FETH) captured approximately $155 million.
Over a three-day span, spot Ether ETFs attracted a total of $2.3 billion, reflecting an 8.5% increase over the prior weekly record of $2.12 billion set from July 14 to July 18. The latest gains also mark seven consecutive days of inflows, during which funds accumulated approximately $3.07 billion.
Cumulatively, net inflows into Ethereum-focused funds reached an unprecedented $12.1 billion, while daily trading volumes soared to a new peak of $4.5 billion.
This recent surge stands in stark contrast to the prior trading week, when inflows amounted to just $270 million.
Ethereum’s price has been a key catalyst behind the spike in ETF activity. As of the latest reporting, ETH traded at approximately $4,744, placing it within 3% of its all-time high of $4,878, recorded in November 2021.
Market observers note that fear of missing out (FOMO) may be driving this wave of inflows. The rally, which has pushed ETH up nearly 29% over the past week, continues to draw increased attention from institutional investors seeking exposure to digital assets through regulated vehicles.
