One year after their debut, US ether ETFs are experiencing significant growth, with $3.6 billion of net inflows recorded between July 1 and July 22. These funds drew in $2.1 billion last week alone, surpassing previous records. Unlike the initial struggles for traction, institutional demand has been a key driver of these recent inflows, as corporate treasuries accumulated over 600,000 ETH this month. In addition, major companies like SharpLink Gaming and BitMine are increasing their ether holdings, with SharpLink now owning 360,807 ETH, up 29% from the prior week. Analysts note the appeal of ETH due to its scarcity and staking yields, with over $10 billion in ETH purchased since mid-May, which is 32 times the supply growth during the same period. SEC approvals for staking ether ETFs are anticipated as asset managers file proposals. Overall, investor engagement remains low compared to Bitcoin ETFs, leading analysts to predict substantial upcoming flows into ether products amidst a growing interest in decentralized finance and tokenization.

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