BlackRock’s Ethereum ETF has rapidly accelerated to a significant milestone, reaching $10 billion in assets under management (AUM). The iShares Ethereum ETF (ETHA) achieved this feat in only 251 days, making it the third-fastest ETF globally to do so. The rise marks a notable moment for crypto-based financial products in the broader ETF landscape.
Crypto ETFs Dominate Fastest-Growing List
BlackRock Ethereum ETF has now joined an elite group of record-setting ETFs based on growth speed. According to Bloomberg analyst Eric Balchunas, ETHA doubled its AUM from $5 billion to $10 billion in just 10 days. Balchunas described this surge as the “equivalent of a God candle.”

The ETF’s fast-paced growth highlights rising investor demand for digital asset exposure through regulated financial instruments. ETHA followed only behind BlackRock’s Bitcoin ETF (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC). While IBIT took 34 days and FBTC took 54 days to reach the same level, ETHA still broke away from traditional ETF timelines.
Nate Geraci, president of NovaDius Wealth Management, emphasized the significance of this trend.
“We’re talking about an ETF industry that’s been around for over 3 decades,” Geraci stated.
He added that these three crypto ETFs now rank as the fastest ever to reach $10 billion in AUM.
iShares Ethereum ETF becomes 3rd fastest ETF to hit $10bil in assets…
3 fastest ETFs to $10bil now all spot crypto ETFs.
We’re talking about an ETF industry that’s been around for over 3 decades & has nearly 4,400 products.
What a chart. https://t.co/sGYiZP9U4X
— Nate Geraci (@NateGeraci) July 24, 2025
ETHA’s Growth Accelerates Despite Bitcoin ETF Slowdown
While Bitcoin ETFs saw outflows, the BlackRock Ethereum ETF accelerated its momentum throughout July. According to SoSoValue, ETHA posted a 14-day inflow streak, collecting $4.4 billion since July 3. The most significant single-day inflow reached $726.7 million, marking the fund’s highest since launch.

In contrast, Bitcoin ETFs lost steam after a strong run earlier in July. Between July 21 and July 24, spot Bitcoin ETFs experienced $289 million in total outflows. This divergence signals shifting investor focus within the digital asset ETF segment.
BlackRock Ethereum ETF continues to attract investors even as broader crypto markets show mixed trends. Its performance has now set it apart not only in crypto, but also within the more expansive ETF universe. Traditional funds like JPMorgan’s JEPQ took significantly longer, with JEPQ needing 444 days to reach the same level of AUM.
BlackRock Ethereum ETF Outpaces Traditional Rivals
The BlackRock Ethereum ETF has surpassed many established equity ETFs in speed and scale of growth. ETHA has now overtaken JPMorgan’s JEPQ, which ranks fourth among the fastest-growing ETFs ever. Its performance underlines rising investor confidence in regulated crypto investment vehicles.
Despite being new to the market, BlackRock Ethereum ETF reflects a significant shift in investment strategies. It is very unusual to have such rapid adoption in the case of traditional ETFs, including those supported by institutions. The increase in the price of ETHA shows that there exists a demand in exposure to Ethereum in the form of transparent, easily accessible financial products.
The milestone recorded by the ETF implies that the market might still be growing in terms of Ethereum-based investment products. Although the crypto market at large is volatile, the rate at which ETHA has grown can help launch ETFs in the future. The ETF industry is still struggling to stay afloat, but the success of spot crypto ETFs is changing the scenario.
Also Read: BlackRock’s ETHA Pushes Ethereum ETFs Into Spotlight With $675M Weekly Haul
Summary
BlackRock ETF ETHA lasted only 251 days to reach the mark of 10 billion dollars in assets under management, a historic performance. It has become the third-easiest ETF worldwide to attain such a level, placed after BlackRock and Fidelity Bitcoin ETFs and Bitcoin funds. On the one hand, ETHA is one of the fastest-growing, and the increasing interest in regulated Ethereum investment vehicles creates a new benchmark in the performance of ETF and even outperforms most classic types.
FAQs
1. What is the BlackRock Ethereum ETF?
The BlackRock Ethereum ETF (ETHA) is a spot Ethereum exchange-traded fund that offers exposure to ETH via traditional markets.
2. When did ETHA launch?
ETHA launched one year ago and reached $10 billion in assets within 251 days.
3. How does ETHA compare to Bitcoin ETFs?
While ETHA reached $10 billion in 251 days, BlackRock’s IBIT did it in 34 days, and Fidelity’s FBTC in 54 days.
4. Why is ETHA’s growth significant?
ETHA is the third-fastest ETF to hit $10 billion, outpacing many traditional ETFs and showing rising interest in Ethereum.
5. Are Ether ETFs outperforming Bitcoin ETFs?
In July, Ether ETFs posted strong inflows, while Bitcoin ETFs saw a reversal in momentum with notable outflows.
Glossary of Key Terms
ETF (Exchange-Traded Fund): A fund that trades on exchanges, similar to stocks, and holds various assets.
Ethereum (ETH): A blockchain-based platform known for its smart contract functionality and native currency, Ether.
AUM (Assets Under Management): The total market value of assets that an investment company or fund manages on behalf of clients.
Spot ETF: An ETF that holds the actual underlying asset, such as Bitcoin or Ethereum, rather than derivatives or futures.
Inflow Streak: A series of consecutive days where more capital enters the fund than leaves it.