US Ethereum spot ETFs have reached the second-highest peak in five months and the third-highest this year, a clear indication of the significant increase in institutional interest in this vehicle.

On 9 July, the US ETH spot exchange-traded funds (ETFs) saw inflows surge to $211.32 million. This is a significant increase from $46.63 million a day before.

But most notably, this is the second-highest amount in over five months. It’s also the third-highest amount in 2025 so far.

More precisely, the highest increase in this period is $240.29 from 11 June this year. The previous peak is $307.77 million, seen on 4 February. This means that between 5 February and today, this is the ETFs’ second-highest inflow, as well as the third-highest since the beginning of the year.

Overall, the all-time high still stands at $428.44 million. The amount was recorded on 5 December 2024.

Following the launch of nine US spot bitcoin ETFs in January 2024, the ETH spot ETFs began trading in July that year. The chart below shows flows since the launch (red and green), as well as the total net assets (white).

Moreover, the cumulative total net inflow climbed to $4.72 billion as of 9 July. Total valued traded stood at $1.26 billion, while total net assets were at $11.84 billion, or 3.58% of Ethereum market cap.

Of the $211.32 million in inflows, BlackRock took in $158.62 million.

Four more Ethereum spot ETFs saw positive flows, and none saw negative flows. Fidelity’s share is $29.53 million, followed by Grayscale’s $17.96 million and Franklin’s $5.21 million.

In comparison, the US BTC spot ETFs recorded inflows of $218.04 million on 9 July. Its ATH is $1.38 billion on 7 November 2024.

BlackRock saw the highest inflows of this amount, standing at $125.58 million. This is followed by Ark & 21Shares’ $56.96 million. Fidelity, Grayscale, Bitwise, Valkyrie, and Invesco also saw positive flows between $2 million and $16 million.

Ethereum ETFs: ‘Inflows Surpass 61,000 ETH’

Analysts are highlighting an increased interest in Ethereum spot ETFs in particular. This factor, they argue, is likely to benefit the coin’s price as well as it pushes higher.

Onchain data and intelligence platform Glassnode noted on Monday that spot ETF flows remained positive for the 8th consecutive week. Inflows surpassed 61,000 ETH, it said.

The crypto market has seen a notable increase over the past 24 hours, with one of the positive factors being the regulatory support for the industry in the US. This support is a clear sign of the industry’s growth and potential.

“Make no mistake: blockchain technology and digital assets are not going away – they are here to stay,” said US Senate Banking Committee Chairman Tim Scott during the first full committee hearing on digital assets on 9 July. This statement underscores the positive regulatory developments in the industry.

Moreover, the US Federal Reserve decided to keep the federal funds rate steady, per the June minutes released on 9 July, as “tariffs pose a persistent risk for driving up prices.” However, many believe that a rate cut will happen this year if inflationary pressures ease. And interest rate cuts are typically favorable for crypto assets.

Meanwhile, Ethereum is currently trading at $2,776. It’s up 5.5% in a day and 7% in a week. It’s unchanged in a month and down 10.5% in a year.

It started the day with the intraday high of $2,869 and then plunged to $2,182, before gradually climbing back to the current level. You can read more below.