BlackRock’s Ethereum ETF scored 80,768 ETH, worth $363 million on September 15, marking the largest daily inflow in a month, showing strong rebounds after a week of intense sales.
Data shows BlackRock’s Ethereum ETF (ETHA) saw a record inflow and increased daily trading volume to $1.5 billion. This was a sharp comeback from last week’s heavy leaks that shook the crypto market.
BlackRock’s ETH fund recorded its strongest inflow in September
BlackRock’s Ethereum ETF lost about $787 million after the money was removed between September 5th and September 12th. Analysts said these figures indicate that investors have lost interest in Ethereum and are back in Bitcoin.
However, the sudden turnaround, including a fresh inflow of $363 million, indicates that a temporary response to market pressure could be the cause of previous withdrawals.
BlackRock’s ETHA led the Ethereum ETF yesterday. Source: SosoValue
Net inflows reached $638 million last week across all spot crypto funds, proving that institutional investors are still interested in Ethereum. Fidelity’s Ethereum ETF, known as FETH, attracted the largest share of its new capital of $381 million, boosting its total inflow since its launch to $2.86 billion.
BlackRock’s ETHA added $165 million during that period, while Grayscale’s Ethe and Bitwise’s Ethw received a smaller but stable influx. Their numbers may not seem large enough, but what’s important is that none of the large Ethereum funds experienced a leak. These figures prove that institutional investors have maintained or added their jobs rather than withdrawing money.
By September 12, all Ethereum ETF assets totaled $303.5 billion, with BlackRock’s $17.25 billion (approximately 3% of Ethereum’s total market value).
A company with BlackRock’s size moving involving hundreds of millions of dollars a day could have an impact on the market as a whole, potentially representing a turning point that will help bring back momentum for Ethereum ETF.
Ethereum prices fall despite ETF growth
Ethereum prices fell 2.5%, making them less effective against high inflows.
The MACD histogram shows that neither buyers nor sellers have control over them, and the balance can change quickly depending on whether Ethereum holds a key level of support. Analysts warn that Ethereum prices could drop even further if the token falls below $4,400, as trainers sell quickly to avoid losses.
The Ethereum ecosystem now has a stable supply of $166 billion, as investors, developers and users still rely on Ethereum for their financial operations.
