Ether ETFs See Record $2.18B Weekly Inflow as ETH Rallies During 'Crypto Week'
The price of ether rose over 20% in the past week to briefly top $3,600, before correcting to $3,560.

What to know:
- US-listed spot ether ETFs saw record inflows of $2.18 billion over the past week, with July 16 seeing a daily record of $726.74 million.
- The surge in ETF inflows coincided with the signing of the GENIUS Act into law, which tightens rules for yield-bearing stablecoins and may drive treasuries toward native ETH staking and transparent restaking vaults.
- The price of ether rose over 20% in the past week to briefly top $3,600, before correcting to $3,560.
U.S.-listed spot exchange-traded funds tracking ether
Over the week, the nine spot ether ETFs trading in the country saw $2.18 billion of net inflows, their largest figure since launching a year ago. July 16 saw $726.74 million, the largest daily net inflow for these funds, SoSoValue data shows.
Open interest in ether futures on CME also reached a new high, suggesting a growing institutional appetite for the second-largest cryptocurrency.
The surge came as the GENIUS Act was signed into law last week. It tightens rules for yield-bearing stablecoins, and to some analysts, it nudges treasuries toward native ETH staking and transparent restaking vaults.
The price of ether rose more than 20% in the past seven days to briefly top the $3,600 mark before enduring a slight correction as the weekend started. It’s now at $3,560.