Spot Ethereum ETFs have set a new milestone, recording the most significant single-day inflows in history $1.01 billion in 24 hours . This figure is almost six times more than what Bitcoin ETFs received on the same Day, which was only $178 million. Analysts say this indicates how quickly institutions are warming up to Ethereum, particularly following its 45% rally over the past month.
According to Cointelegraph, the BlackRock iShares Ethereum Trust ETF (ETHA) raised $640 million, its highest amount ever. At the same time, the Fidelity Ethereum Fund (FETH) added $277 million, also a record. Together, these two accounted for most of the inflows. “The scale of these numbers shows Ethereum is becoming the backbone of future financial markets,” said one strategist quoted by Bloomberg.
Institutional investors have long focused on Bitcoin, but the tide is turning. CryptoSlate noted that many funds that once underestimated ETH are now treating it as a core asset. One analyst told The Defiant, “Institutions are no longer ignoring Ethereum. They see the growth of DeFi, staking, and tokenisation, and they want exposure.”
On-chain signals also back this trend. The ETH balance on exchanges has fallen to a nine-year low of 15.28 million ETH, indicating a decrease in available coins for sale. At the same time, Ethereum controls 58% of the entire tokenised asset market, proving its lead in real-world adoption. Staking has also crossed $150 billion for the first time, locking up more supply.
Data from CryptoPotato shows that on Monday alone, spot ETFs purchased 238,000 ETH, which is more than half of all the new ETH issued since The Merge. This significant absorption of supply has reduced Liquidity, making upward price moves sharper.
Corporate holdings are also growing. Assets under management tied to Ethereum now stand at $13 billion. But not everyone is entirely optimistic. Ethereum co-founder Vitalik Buterin recently warned, “Large-scale corporate buying could turn into a dangerous leveraged race if left unchecked.” His words highlight that while institutional demand is driving the market higher, it also brings new risks.
Despite the concerns, momentum remains strong. Over the last month, Ethereum’s price has gained 45%, outperforming many other digital assets. Traders see the combination of record ETF inflows, reduced exchange balances, and rising staking as a recipe for new highs.
A market analyst told Investopedia, “Liquidity is drying up while demand is exploding. That is why Ethereum is moving faster than expected. If these flows continue, it will be hard to stop ETH from breaking records.”
The bottom line is clear. Record inflows into Ethereum ETFs and shrinking Liquidity are pushing ETH toward fresh highs. But with rising institutional demand comes the risk of overheating. The market is now waiting to see whether Ethereum can balance its explosive growth with the warnings from its creators.
