U.S. Spot Ethereum ETFs See Record $3 Billion Inflows in Early August

U.S. spot Ether ETFs pulled in over $3 billion in net inflows during the first two weeks of August while Ether climbed to a new yearly high above $4,760.

The funds recorded roughly $3 billion in inflows by August 15, marking their strongest period since launch. The ETFs registered several large daily inflows during the week. 

On Monday, August 11, net inflows hit $1.02 billion, the highest single-day total since the products launched. On Wednesday, August 13, the funds added another $729.1 million in net inflows.

Assets under management across all spot Ether ETFs reached a record $29.7 billion. Since their market debut, the funds have attracted about $12.73 billion in net new cash. 

Multiple issuers participated in the recent buying activity. Daily flow data shows several funds recording hundreds of millions of dollars in creations on the same day. While daily rankings change, large repeat inflows have been consistent throughout August.

Fundstrat's Thomas Lee called ether the “biggest macro trade” over the next decade. The firm's head of digital asset research, Sean Farrell, said ETH “could go to a range of $12,000 to $15,000” by year-end. These comments came after the latest ETF intake records and Ether's advance toward previous cycle highs.

U.S. spot Ether ETFs began trading on July 23, 2024, following regulatory approval for multiple issuers to list funds holding ETH directly. 

The launch created a path for traditional brokerage clients and institutions to gain Ether exposure without managing wallets or custody arrangements. The funds have expanded to include products from major asset managers and have steadily built assets through 2025 alongside rising trading volumes and improving liquidity.