
{"id":84562,"date":"2025-07-29T07:49:59","date_gmt":"2025-07-29T07:49:59","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=84562"},"modified":"2025-07-29T07:49:59","modified_gmt":"2025-07-29T07:49:59","slug":"ethereum-etfs-just-bought-7x-more-eth-than-was-issued-on-slow-day","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=84562","title":{"rendered":"Ethereum ETFs Just Bought 7x More ETH Than Was Issued on \u2018Slow Day\u2019"},"content":{"rendered":"<p>Spot Ether exchange-traded funds in the United States bought seven times more ETH than the network produced on Monday.<\/p>\n<p>The total aggregate inflow, while lower than previous days, was $65.2 million, or 17,549 ETH. This is the lowest for three weeks, yet still higher than the daily production figure of 2,571 ETH, or around $9.7 million.<\/p>\n<p>\u201cEven on slow days, the ETH ETFs are gobbling up all of the supply,\u201d said industry educator Anthony Sassano.<\/p>\n<p>Net new ETH issuance today: ~2,571 ETH ($9.7 million).<\/p>\n<p>Net inflows into the ETH ETFs today: ~17,549 ETH ($65.77 million).<\/p>\n<p>The ETH ETFs bought 7x more ETH than was net issued by the network today.<\/p>\n<p>Even on slow days, the ETH ETFs are gobbling up all of the supply.<\/p>\n<p>Accelerate!<\/p>\n<p>\u2014 sassal.eth\/acc (@sassal0x) <a href=\"https:\/\/twitter.com\/sassal0x\/status\/1950014873657622907?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 29, 2025<\/a><\/p>\n\n<h2>$5 Billion Infows in 17 Days<\/h2>\n<p>BlackRock\u2019s iShares Ethereum Trust (<a href=\"https:\/\/cryptopotato.com\/blackrocks-ether-etf-becomes-3rd-fastest-fund-to-hit-10b-in-a-year\/\">ETHA<\/a>) had another three-figure inflow day with $132 million, but that was offset by Fidelity\u2019s FETH fund outflowing $49.2 million, according to Farside Investors.<\/p>\n<p>ETF analyst Eric Balchunas <a href=\"https:\/\/x.com\/EricBalchunas\/status\/1949853839525360037\" target=\"_blank\" rel=\"noopener\">reported<\/a> that ETHA was the 17th most traded ETF today, in the top 0.4% of all ETFs, \u201cfirst time I recall seeing it in there,\u201d he said.<\/p>\n<p>Spot Ethereum ETFs have not seen an outflow day since July 2, almost a month ago. Moreover, they have seen a whopping $3.8 billion in inflows over the past ten trading days.<\/p>\n<p>The <a href=\"https:\/\/cryptopotato.com\/ethereum-steals-the-spotlight-with-1-59b-inflows-but-not-all-altcoins-are-winning\/\">inflow streak<\/a> is now 17 days with almost $5.2 billion in new capital, and the record streak was 19 days from May to June, though only $1.4 billion in inflows, <a href=\"https:\/\/x.com\/NateGeraci\/status\/1950017484859249119\" target=\"_blank\" rel=\"noopener\">observed<\/a> industry expert Nate Geraci.<\/p>\n<p>Ethereum issuance is currently inflationary, but only at 0.12% per year. Comparatively, Bitcoin issuance is 1.34% per year, but both assets are being accumulated at faster rates by ETPs and corporations.<\/p>\n<p>Over the past week, the ETH supply has increased by around 17,910 ETH, <a href=\"https:\/\/ultrasound.money\/\" target=\"_blank\" rel=\"noopener\">according<\/a> to Ultrasound.money. However, spot ETFs consumed almost all of that in one slow day on Monday.<\/p>\n<h2>Where to Next For ETH?<\/h2>\n<p>The asset has retreated slightly over the past 24 hours but was still trading around a multi-month high of $3,800 at the time of writing.<\/p>\n<p>Position trader Bob Loukas <a href=\"https:\/\/x.com\/BobLoukas\/status\/1949595773009588576\" target=\"_blank\" rel=\"noopener\">said<\/a> it \u201cstill feels like juice in the tank,\u201d predicting a move to $4,700 in the short term, \u201cif we get the BTC move over next four weeks.\u201d<\/p>\n<p>Additionally, August is usually a bullish month for Ethereum during post-Bitcoin halving bull market years, with <a href=\"https:\/\/cryptopotato.com\/will-eth-price-reach-60k-tom-lees-bitmine-thinks-so\/\">big gains<\/a> in 2017 and 2021. If ETH repeats its performance from August 2021, it could surge above $5,000 next month from current levels.<\/p>\n<p>August is usually a bullish month for Ethereum during post-halving years!<\/p>\n<p>Send <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a> to $10,000. <a href=\"https:\/\/t.co\/aTZsVfE3KD\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/aTZsVfE3KD<\/a><\/p>\n<p>\u2014 CryptoGoos (@crypto_goos) <a href=\"https:\/\/twitter.com\/crypto_goos\/status\/1949805034000326776?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">July 28, 2025<\/a><\/p>\n\n<p>The post <a href=\"https:\/\/cryptopotato.com\/ethereum-etfs-just-bought-7x-more-eth-than-was-issued-on-slow-day\/\">Ethereum ETFs Just Bought 7x More ETH Than Was Issued on \u2018Slow Day\u2019<\/a> appeared first on <a href=\"https:\/\/wordpress-433650-5559317.cloudwaysapps.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Spot Ether exchange-traded funds in the United States bought seven times more ETH than the network produced on Monday. The total aggregate inflow, while lower than previous days, was $65.2 million, or 17,549 ETH. This is the lowest for three weeks, yet still higher than the daily production figure of 2,571 ETH, or around $9.7 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":84563,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84562","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/84562"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=84562"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/84562\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/84563"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=84562"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=84562"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=84562"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}