Ethereum ETF Weekly Flow Performance (July 2026)
Published 7/27/2026, 10:41:12 PM
Ethereum spot ETFs have recorded three consecutive weeks of net inflows as of July 25, 2026, marking a significant shift in institutional sentiment following an eight-week outflow streak earlier in the year. While the momentum remains positive, a fourth consecutive week of inflows (ending August 1, 2026) is currently estimated at a 60-70% probability due to emerging late-week volatility and heavy concentration in a single provider.
Ethereum ETF Weekly Flow Performance (July 2026)
The current streak has been sustained by consistent accumulation in BlackRock’s ETHA, which has offset ongoing redemptions from Grayscale's ETHE.
| Week Ending | Net Inflow Amount | Status |
|---|---|---|
| July 11, 2026 | +$84.42 Million | Streak Break (First green week in 2 months) |
| July 18, 2026 | +$211.25 Million | Peak Momentum (Strongest week since April) |
| July 25, 2026 | +$103.90 Million | Third Consecutive Week Confirmed |
| July Total | +$399.57 Million | Net Positive Month |
Factors Influencing a Fourth Consecutive Week
Bullish Drivers
- Staking Integration: The launch of staked Ethereum ETF products, such as the iShares Staked Ethereum Trust ETF (ETHB) on March 12, 2026, has introduced structural demand. This product features a 0.25% sponsor fee, with a waiver reducing it to 0.12% for the first year [Source: https://www.ishares.com].
- Institutional Growth: SEC filings for Q1 2026 indicated a 66% increase in institutional filers for Ethereum ETFs, suggesting a broadening "buy-and-hold" investor base.
- Relative Strength: During the week of July 14–17, ETH ETF inflows ($105.4M) outperformed BTC ETF inflows ($75.7M) for the first time, signaling a rotation or specific interest in Ethereum's yield-bearing potential.
Bearish Risks
- Late-Week Volatility: The streak nearly ended on July 25 due to a $70.62 million outflow on Friday, which significantly eroded the week's earlier gains.
- Concentration Risk: Inflows are not uniform across all issuers. While BlackRock remains a consistent buyer, Fidelity (FETH) recorded intermittent outflows, including a $15.32 million withdrawal on July 21.
- Price Sensitivity: ETH is currently testing resistance in the $1,800–$1,850 range. Market analysts suggest that a price drop below $1,750 could trigger a reversal in ETF flow momentum as short-term traders exit positions.
Conclusion: While the "outflow narrative" that dominated the first half of 2026 has been broken, the fourth week remains unconfirmed. The outcome will depend on whether BlackRock's daily accumulation can continue to absorb the volatility seen in secondary funds and the persistent redemptions from Grayscale.