iShares Ethereum Trust (ETHA)

NYSE · Broad Market

Latest Move · 2026-02-24

-0.96%
Ethereum ETF drifts lower on light volume as outflows persist

ETHA experienced a 1.0% decline amid recent Ethereum ETF outflow activity. On February 24, 2026, US spot Ethereum ETFs saw a net outflow of $49.5 million, with BlackRock's ETHA leading the outflows at $45.4 million. This continues a broader weekly trend in which US spot Ethereum ETFs recorded net outflows of $123 million from February 16 to 20, with ETHA accounting for $102 million of those weekly outflows. Other major Ethereum ETFs also experienced outflows, including Fidelity's FETH with $1.39 million and VanEck's ETHV with $2.71 million. Despite these outflows, the total net asset value of the Ethereum ETF complex remained at $11.14 billion, with ETHA's historical total net inflows at $11.88 billion. Separately, Harvard University's investment manager purchased 3.87 million ETHA shares.

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Previous Move

-6.38%
Ethereum ETF drops sharply as Buterin token sales and fifth straight week of outflows compound pressure
2026-02-23

Frequently Asked Questions

Why did iShares Ethereum Trust stock move today?

ETHA experienced a 1.0% decline amid recent Ethereum ETF outflow activity. On February 24, 2026, US spot Ethereum ETFs saw a net outflow of $49.5 million, with BlackRock's ETHA leading the outflows at $45.4 million. This continues a broader weekly trend in which US spot Ethereum ETFs recorded net outflows of $123 million from February 16 to 20, with ETHA accounting for $102 million of those weekly outflows. Other major Ethereum ETFs also experienced outflows, including Fidelity's FETH with $1.39 million and VanEck's ETHV with $2.71 million. Despite these outflows, the total net asset value of the Ethereum ETF complex remained at $11.14 billion, with ETHA's historical total net inflows at $11.88 billion. Separately, Harvard University's investment manager purchased 3.87 million ETHA shares.

What does iShares Ethereum Trust do?

ETHA is BlackRock's iShares Ethereum Trust ETF, providing investors direct exposure to the price of Ether (ETH), the second-largest cryptocurrency by market capitalization. The fund has suffered persistent outflows — five consecutive weeks totaling over $1.4 billion — and a roughly 40% decline since late January, compounded by BlackRock's own filing for a competing staked Ethereum product that would offer yield. Today's modest decline reflects the continuation of this structural outflow pressure amid thin trading.

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