Ethereum exchange-traded funds have recorded nine straight sessions of net inflows totaling $1.42 billion, a run that has sharply narrowed their gap with comparable Bitcoin products. The buying streak arrives even as spot-market activity has offered a less emphatic signal, leaving investors to weigh institutional allocations against softer trading conditions.
BlackRock’s Ethereum fund accounted for the reported inflows during the nine-session stretch, underscoring how concentrated demand can be within the still-young ETF market. The pace suggests that some larger investors are continuing to build ETH exposure through regulated vehicles rather than directly through token markets.
Staking Could Change the ETF Calculation
The next development may be less about flows than yield. Fidelity has filed an amendment that would allow its Ethereum fund to stake as much as 100% of its ether holdings once the registration becomes effective, subject to liquidity needs for redemptions and expenses.
Sponsored
The proposed structure would retain 85% of gross staking rewards for the fund, with the rest allocated among the sponsor, custodians and node operators. Net rewards could be distributed in cash quarterly, although the filing makes clear that payouts would not be guaranteed.
That distinction matters. Spot Ethereum ETFs initially gave investors price exposure without access to the protocol’s native staking return. If staking becomes operationally viable inside major funds, ETH products could look more competitive with direct holding for investors who prioritize income alongside price appreciation.
Banks and Brokers Expand Their Crypto Positions
Broader institutional positioning appears to be moving in the same direction. Bank of America has increased exposure to Bitcoin, Ethereum, XRP and Solana ETFs, with reported holdings across Bitcoin, Ethereum and XRP products nearing $94 million, while reducing its stake in several crypto-linked equities.
Goldman Sachs has also taken a cautiously constructive view of the sector’s second-half outlook, despite lower trading volumes, and has reportedly added to crypto ETF positions. Its preference for selected exchange and brokerage stocks alongside ETFs points to a more diversified approach than a straightforward bet on token prices.
Stay in the loop with DailyCoin’s trending crypto scoops:
SHIB Rich List Tightens With Holder Count Topping 1.6M
XRP Bulls Map Paths to $4 and $7—With Big Caveats