Blackrock’s ETHB Bucks the Ethereum ETF Slump With Fresh Inflows as Rival Funds Post Outflows

NEW YORK, NY — BlackRock’s iShares Staked Ethereum Trust (ETHB) was the lone Ethereum exchange-traded fund to pull in new money on Friday, even as the category as a whole saw investors head for the exits.

SoSoValue data showed Ethereum ETFs recorded $41.97 million in net outflows for the day. ETHB moved against that trend with about $5.47 million in net inflows, making it the only product in the group to finish the session in positive territory.

The fund closed at $27.45, down 0.40% on the day. On Stocktwits, sentiment around ETHB sat in “extremely bearish” territory, while message volume remained low over the past 24 hours.

Rival Ethereum funds saw weaker demand as ETH itself traded higher

Other large Ethereum products, including the Grayscale Ethereum Staking ETF (ETHE) and Fidelity Ethereum Fund (FETH), either saw outflows or held steady. The pattern underscored how uneven investor interest has been across the still-new Ethereum ETF market.

Ethereum was trading at $2,160.72, up 1% over the previous 24 hours. Despite the sluggish fund flows, retail sentiment around ETH on Stocktwits remained in bullish territory, with chatter described as high.

ETHB’s early launch momentum has already made it one of the fastest growers

The inflows came shortly after ETHB launched last week, when it quickly crossed $261 million in assets under management in its first seven days. BlackRock seeded the fund with $100 million, and it has since attracted roughly $160 million more in net inflows.

Bloomberg ETF analyst James Seyffart said the staked Ethereum fund reached $15.5 million in trading volume on launch day. On Monday, it posted more than $67 million in inflows, its biggest single-day haul of the week.

Staking gives the fund an added feature traditional Ethereum ETFs do not offer

Unlike standard Ethereum ETFs, which mainly mirror the cryptocurrency’s price, ETHB also includes staking. That means the fund is designed to let Ethereum holders help support the network while earning rewards, giving investors an additional potential source of return.

For now, the fund’s early numbers suggest that structure is resonating with some buyers even as the broader category remains volatile. The question is whether that initial burst of demand can hold once launch-week excitement fades.

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