BlackRock’s (ETHA) remained the dominant product in the market, both by inflows and net asset value. On July 11, ETHA received a one-day net inflow of $137.08 million, bringing its cumulative net inflow to $6.29 billion. ETHA’s assets currently stand at $6.14 billion, giving it a 1.71% share of the Ethereum market and making it the top ETF by market exposure.
ETHA also allows the attraction of institutional funds, which are highly liquid at a low fee of 0.25%. It was the highest volume traded in any ETF, with its daily volume going to more than $990 million, traded in 43.78 million shares. On July 10, BlackRock bought $156 million in ETH, adding to its risk in Ethereum and exceeding its Bitcoin acquisitions that day by far.
Other ETFs, including ETHE and , also received daily inflows but had fewer assets. ETHE experiences a net inflow of about $9.96 million every day but a cumulative outflow of $4.26 billion. Its commission is charged at 2.50%, which is the highest among them. Fidelity (FETH) and Bitwise (ETHW) also had steady daily inflows with fee rates of 0.25% and 0.20%, respectively.