Ethereum is gaining strong momentum in institutional circles. Inflows into Ether exchange-traded funds (ETFs) have crossed the $100 million mark in a single day. BlackRock’s ETHA is leading the surge, with its share price up 45% in a month. Meanwhile, whales are moving millions worth of ETH, signaling rising market confidence in the altcoin.

Ethereum ETF Inflows Hit $109.5 Million, Led by BlackRock’s ETHA

According to Farside Investors, Ethereum ETFs recorded $109.5 million in inflows during Tuesday’s trading session. These inflows mark the twelfth day of positive investment into spot Ether ETFs.

BlackRock’s iShares Ethereum Trust (ETHA) saw $77.2 million in inflows. Fidelity’s FETH recorded $21 million, while Grayscale’s mini-Ether ETF received $8.4 million. The rise in flows shows continued institutional demand for Ethereum exposure through regulated products.

Since mid-May, ETH ETFs have consistently attracted capital. During this same period, BlackRock’s Bitcoin ETF (IBIT) saw outflows, suggesting a rotation of funds from Bitcoin into Ethereum. Institutions may be adjusting portfolios as Ethereum continues to outperform Bitcoin since mid-April.

ETHA Share Price Rises 45% Amid Growing Demand

BlackRock’s ETHA has gained 45% over the past 30 days. The price increase aligns with the ETF’s growing inflows and broader market optimism around Ethereum. ETHA currently holds over 1.4 million ETH and has $3.7 billion in assets under management.

Despite the monthly rise, ETHA remains 25% lower on a year-to-date basis. However, if inflows continue, a quicker recovery may be possible. The asset manager is also seeking SEC approval to enable staking on Ether ETFs, which could boost appeal among institutions.

The U.S. Securities and Exchange Commission will decide on the application in Q3 2025. Still, recent feedback on staking proposals from other issuers suggests approval is uncertain under current regulations.

Ethereum Whale Activity Supports Market Rebound

Large Ethereum transactions have been observed alongside ETF inflows. Blockchain analysis firm Arkham Intelligence flagged an OTC transaction involving 108,278 ETH, worth around $283 million. This transfer was processed in a single day.

In a related movement, Galaxy Digital’s OTC wallet withdrew 89,000 ETH from exchanges, valued at $233.5 million. This withdrawal occurred within 12 hours, suggesting strategic accumulation or long-term holding intent.

These whale activities helped ETH’s price rebound above $2,600. While not a guarantee of future price trends, such movements often align with institutional market behavior and increased investor confidence.