Ethereum spot ETFs pulled in $105 million in net inflows during the week of July 13-17, marking the strongest weekly performance for the category since April 2026. The number represents a meaningful acceleration from the prior week’s roughly $84 million in net inflows, which itself was notable for being the first positive week after two straight months of redemptions.

Breaking the outflow streak

The $105 million weekly figure carries extra weight when you consider what came before it. Ethereum spot ETFs had endured an eight-week stretch of net outflows. The prior week’s $84 million in inflows snapped that streak, and last week’s acceleration to $105 million suggests the reversal might have some staying power.

BlackRock’s iShares Ethereum Trust ETF, trading under the ticker ETHA, has been doing the heavy lifting. The fund has consistently accounted for the majority of daily net positive flows across the Ethereum ETF landscape.

Ethereum was trading at approximately $1,845 during the inflow week, reflecting a modest price recovery. The $1,800 to $1,900 range has served as a critical zone for ETH, with buyers stepping in consistently near the lower end.

What changed the momentum

Data from flow-tracking platforms like SoSoValue and Farside Investors confirms the trend of renewed institutional interest, contrasting sharply with the prolonged redemption period that preceded it.

What this means for investors

The $105 million figure, while the best since April, still represents relatively modest flows compared to the peaks that Ethereum ETFs have seen during more euphoric periods.

The concentration of flows in BlackRock’s ETHA means the health of the entire Ethereum ETF category depends heavily on a single product. If ETHA flows slow, the broader category could easily tip back into net outflow territory.

For investors watching Ethereum’s price action, the $1,800 level has become a key support zone. Sustained ETF inflows tend to provide a floor under prices, as the ETFs need to purchase actual ETH to back their shares. If weekly inflows continue at the $80-105 million pace, that represents consistent buy pressure that didn’t exist during the outflow streak.