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    Ether ETF flows tracker: US spot ETH funds, 2024-2026

    US spot ether ETFs began trading on July 23, 2024.[1] By late September 2026 they held about $17.7 billion to $17.8 billion, against roughly $13.8 billion to $13.9 billion of net inflows since launch.[2] August and September 2026 brought the strongest inflows in about a year. Early October brought outflows.[3][4][5]

    Editor reviewedStrict sourcingUpdated CryptoMarkets and trading

    What we know

    • US spot ether ETFs have traded since July 23, 2024[1]
    • They held about $17.7-17.8 billion in late September 2026, about 5.4% of ether's market value[2]
    • August 2026 inflows were about $1.75-1.85 billion, the best month in about a year[3]
    • Grayscale's ether ETFs began staking on October 6, 2025[13]
    • BlackRock's staked ether ETF, ETHB, listed on March 12, 2026[14]

    What we don't know yet

    • Whether the early-October outflows are quarter-end rebalancing or the start of a longer exit
    • How much of total ether ETF assets will move into staking products
    • Whether more of the remaining non-staking funds add staking, and on what fee terms
    Story status

    Story status

    State
    developing
    Started
    2024-05-23
    Timeline entries
    11
    Last entry

    Timeline data (JSON)

    This tracker follows money moving into and out of US spot ether ETFs, along with the regulatory and product changes that shape it. Daily flow figures come from data aggregators such as SoSoValue. Totals can differ by provider, and we show ranges where they do.[2][3] This page is not financial advice.

    Where flows stand (as of October 4, 2026)

    US spot ether ETFs held about $17.7 billion to $17.8 billion in late September 2026, roughly 5.4% of ether’s total market value. Cumulative net inflows since launch were about $13.8 billion to $13.9 billion.[2] For 2026 to September 25, the funds had net inflows of about $1.6 billion.[6] BlackRock’s ETHA is the largest, with net assets of about $8.69 billion on October 9, 2026.[7][8]

    The late-summer surge

    Inflows picked up sharply in August 2026. Estimates of the month’s total range from about $1.75 billion to $1.85 billion, the best month in about a year.[3] One late-August week alone brought about $824 million.[9] September added about $832 million. That total included about $690 million in the week of September 21-25, led by ETHA and Fidelity’s FETH.[4][10]

    Early-October outflows

    The streak reversed at the end of the quarter. Ether funds lost about $3 million on September 29, $60 million on September 30 and $55 million on October 1. Bitcoin funds took in about $103 million on October 1.[5] 24/7 Wall St. linked the selling to quarter-end rebalancing after ether gained about 57% in the third quarter.[11] That is one outlet’s interpretation, not an established cause.

    Staking changes the product

    Until 2025, most US ether ETFs offered only price exposure. Several issuers now stake part of their holdings to earn network rewards.[12] Grayscale’s two funds began staking on October 6, 2025.[13] BlackRock’s ETHB listed on March 12, 2026.[14] By June 30, 2026 it had 86.9% of its ether staked.[15] For how these products work, see What are Ethereum ETFs?. For fees by fund, see the ether ETF comparison.

    Timeline

    11 confirmed

    1. confirmed

      Three days of outflows as bitcoin funds keep buying[5][11]

      About $118 million left ether funds from September 29 to October 1, while bitcoin ETFs took in about $103 million on October 1.

    2. confirmed

      September inflows total about $832 million[4][6]

    3. confirmed

      Ether ETFs take in about $690 million in a week[10]

      ETHA led with about $326 million, followed by Fidelity's FETH with about $174 million.

    4. confirmed

      About $824 million week caps strongest month in a year[9][3]

    5. confirmed

      ETHB reports 86.9% of its ether staked[15]

    6. confirmed

      BlackRock lists the iShares Staked Ethereum Trust (ETHB)[14][20]

    7. confirmed

      Grayscale's ether ETFs begin staking[13][19]

    8. confirmed

      SEC approves generic listing standards for spot commodity ETPs[18]

    9. confirmed

      SEC staff statement on protocol staking[17]

    10. confirmed

      US spot ether ETFs begin trading[1]

    11. confirmed

      SEC approves exchange rules for ether ETFs[16]

    Sources

    Each numbered claim is a statement we checked against the sources listed with it. Status shows how well established it is.

    1. [1]

      US spot ether ETFs began trading on July 23, 2024, including Grayscale's converted Ethereum Trust (ETHE) and its Ethereum Mini Trust (ETH) on NYSE Arca. confirmedas of 2024-07-23

    2. [2]

      As of late September 2026, US spot ether ETFs held about $17.7 billion to $17.8 billion in net assets, roughly 5.4% of ether's market value, against cumulative net inflows of about $13.8 billion to $13.9 billion since launch, according to SoSoValue data. confirmedas of 2026-10-01

    3. [3]

      US spot ether ETFs drew roughly $1.75 billion to $1.85 billion of net inflows in August 2026, their best month in about a year; figures differ by data provider. confirmedas of 2026-10-02

    4. [4]

      Spot ether ETFs drew about $832 million in September 2026, their second-largest monthly inflow since August 2025, including about $690 million in the week of September 21. confirmedas of 2026-10-02

    5. [5]

      Spot ether ETFs had net outflows of about $3 million on September 29, $60 million on September 30 and $55 million on October 1, 2026, while spot bitcoin ETFs took in about $103 million on October 1. confirmedas of 2026-10-01

    6. [6]

      Spot ether ETFs had net inflows of about $1.6 billion in 2026 as of September 25, and in early September their 2026 inflows had outpaced those of bitcoin funds. reportedas of 2026-09-25

    7. [7]

      BlackRock said its iShares funds captured about 95% of flows into digital asset ETPs in 2025; in March 2026 IBIT and ETHA were the largest bitcoin and ether ETFs, with more than $55 billion and $6.5 billion in assets. reportedas of 2026-03-12

    8. [8]

      BlackRock's iShares Ethereum Trust ETF (ETHA) charges a 0.25% sponsor fee and had net assets of about $8.69 billion as of October 9, 2026. confirmedas of 2026-10-09

    9. [9]

      Spot ether ETFs drew about $824 million in one week in late August 2026, part of an August total of about $1.75 billion. confirmedas of 2026-08-28

    10. [10]

      US spot ether ETFs took in about $690 million of net inflows in the week of September 21-25, 2026, led by ETHA with $326 million and FETH with $174 million, after about $140 million of outflows the week before. confirmedas of 2026-09-25

    11. [11]

      24/7 Wall St. noted that the late-September outflows coincided with quarter-end rebalancing after ether gained about 57% in the third quarter; the funds shed another $55.4 million on October 1. reportedas of 2026-10-04· interpretation

    12. [12]

      Until 2025-26 most US ether ETFs offered only price exposure without staking; by March 2026 Grayscale, 21Shares and REX-Osprey offered staking ether ETFs. confirmedas of 2026-03-12

    13. [13]

      Grayscale's Ethereum Trust ETF and Ethereum Mini Trust ETF began staking ether on October 6, 2025, the first US spot crypto ETFs from a major issuer to do so. confirmedas of 2025-10-06

    14. [14]

      BlackRock's iShares Staked Ethereum Trust ETF (ETHB) had its registration declared effective on March 11, 2026 and listed on Nasdaq on March 12, 2026. confirmedas of 2026-03-12

    15. [15]

      As of June 30, 2026, ETHB had 250,585 ether, 86.9% of its position, staked with third-party counterparties. confirmedas of 2026-06-30

    16. [16]

      On May 23, 2024, the SEC approved exchange rule changes allowing NYSE Arca, Nasdaq and Cboe BZX to list shares of ether-based exchange-traded products, including the Grayscale Ethereum Trust, Bitwise Ethereum ETF and iShares Ethereum Trust. confirmedas of 2024-05-23

    17. [17]

      In a May 29, 2025 staff statement, the SEC's Division of Corporation Finance said participants in certain protocol staking activities do not need to register those transactions under the Securities Act. confirmedas of 2025-05-29

    18. [18]

      On September 17, 2025, the SEC approved generic listing standards that let exchanges list spot commodity ETPs, including digital asset funds, without filing a separate rule change for each product. confirmedas of 2025-09-17

    19. [19]

      For Grayscale's ether ETFs, the sponsor's staking fee, custodian fee and staking provider's share together take 6% of gross staking rewards; the trusts keep the rest. confirmedas of 2025-10-06

    20. [20]

      ETHB charges a 0.25% sponsor fee, which BlackRock waived to 0.12% on the first $2.5 billion of assets for the first year, plus a share of staking rewards. confirmedas of 2026-03-12

    Revision history (1)
    1. Page created.

    Created Oct 10, 2026. Last reviewed by an editor on Oct 10, 2026. Next scheduled review: Dec 10, 2026.

    Cite this page

    "Ether ETF flows tracker: US spot ETH funds, 2024-2026." ContentLora, updated Oct 10, 2026. https://contentlora.com/events/ethereum-etf-flows-tracker

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