BlackRock's ETHA Drives Ethereum ETF Inflow Reversal

Spot Ethereum ETFs saw a notable turnaround in the week of July 13-17, 2026, with net inflows of $105 million, the highest weekly figure since April. This follows the prior week's $84 million, marking two consecutive positive weeks that ended an eight-week outflow streak.

Inflow Details

BlackRock's (BLK) iShares Ethereum Trust (ETHA) led this reversal, attracting the majority of inflows. Exact figures per fund were not disclosed, but sources indicate ETHA was the primary driver.

Reasons for the Reversal

The shift is attributed to improved sentiment toward cryptocurrencies following positive regulatory comments and increased institutional interest in digital assets. Additionally, new Ethereum-related product launches may have boosted demand.

Context

Prior to this rebound, the spot Ethereum ETF sector had experienced continuous outflows since May 2026, raising questions about investor interest sustainability. With inflows returning, confidence appears to be recovering.

What This Means for Investors

These inflows may signal a new phase of institutional interest in Ethereum, especially with BlackRock leading the market. However, the market remains volatile, and investors should monitor whether these inflows persist in the coming weeks.