Ethereum (ETH) prices climbed Tuesday, with Hong Kong-listed Ethereum spot ETFs rising approximately 7.5%. Bitcoin (BTC) spot ETFs also saw gains, up nearly 4%. Over the past 24 hours, Ethereum briefly surged over 9.5%, reclaiming the $2,700 mark and peaking at $2,719.84. As of 4:15 PM Hong Kong time, ETH pulled back slightly to around $2,673, maintaining a solid 7% gain.
According to CoinShares, Ethereum-linked investment products continued their upward trend with net inflows last week. Analysts attribute this momentum to three major catalysts: improving sentiment toward Ethereum as a public blockchain, anticipation of stablecoin regulation passing in the U.S., and growing expectations that the SEC may allow staking within Ethereum ETFs.
Ethereum Investment Products See Seventh Consecutive Week of Inflows
Data from CoinShares reveals that global Ethereum-based financial products recorded $296.4 million in net inflows last week—marking the seventh straight week of positive flows and bringing the total to $1.5 billion. James Butterfill, Research Director at CoinShares, noted:
"This is the strongest inflow since the U.S. election in November last year, signaling a significant recovery in investor sentiment."
The iShares Ethereum Trust (ETHA), managed by BlackRock and listed in the U.S., led the charge with $281.3 million in inflows and has now seen 15 consecutive days of capital entry.
Let’s explore these three key drivers behind Ethereum’s recent strength.
1. Growing Recognition of Ethereum as a Public Blockchain
Bernstein analyst Gautam Chhugani highlights that increasing institutional interest in stablecoins and tokenization is reshaping how investors view public blockchains like Ethereum.
Major fintech players such as Visa, Mastercard, and Stripe are actively exploring blockchain-based payment solutions—many of which are built on Ethereum. This shift underscores Ethereum’s role as a decentralized computing platform, which Bernstein describes as a “technology worth loving.”
Ethereum dominates in real-world applications such as stablecoins and asset tokenization—key use cases driving demand for its native currency, ETH. As more companies adopt stablecoin payments, they must pay transaction fees (gas fees) on the Ethereum network, creating tangible value accrual.
"Investors used to say: 'Crypto is useless, but blockchain has value.' But they’re not separate," says one industry expert.
"If you believe in innovation around stablecoin payments, why wouldn’t the Ethereum network—which issues and processes these transactions—have value? Every stablecoin transaction generates revenue for Ethereum. We’re at a turning point in how we understand value accumulation on public blockchains."
This evolving perception is directly fueling increased interest in Ethereum ETFs.
👉 Discover how institutional adoption is shaping the future of digital assets.
2. U.S. Stablecoin Legislation Nears Approval
U.S. Senate could vote as early as Wednesday on the GENIUS Act—a bipartisan bill aiming to establish a regulatory framework for dollar-backed stablecoins.
After revisions last month, the legislation gained support from pro-crypto Democratic senators including Angela Alsobrooks and Mark Warner, clearing a path for potential passage in the coming days. Senate Majority Leader John Thune is preparing a procedural vote on the bill.
The proposed law would require stablecoins to be fully backed by short-term U.S. Treasury holdings or similar low-risk assets and subject them to oversight by federal or state regulators.
This development isn’t just about regulation—it could define the trajectory of U.S. crypto policy under a potential Trump administration and provide long-awaited clarity for institutions hesitant to enter the space.
Clear rules mean safer infrastructure, reduced counterparty risk, and broader adoption—all bullish signals for Ethereum, which powers over 80% of stablecoin transactions globally.
3. SEC May Allow Staking in Ethereum ETFs
Another major driver is market speculation that the U.S. Securities and Exchange Commission (SEC) might approve staking within spot Ethereum ETFs.
On May 29, the SEC’s Division of Corporation Finance issued a statement suggesting certain staking activities do not constitute securities offerings—opening the door for ETF providers to offer yield-generating features.
On Monday, Cboe BZX Exchange filed an amendment with the SEC to allow staking in Invesco Galaxy’s Ethereum ETF (QETH). This follows similar moves by Fidelity, Grayscale, Bitwise, and 21Shares.
Staking allows investors to lock up their ETH to help validate transactions on the Proof-of-Stake blockchain and earn rewards in return. While returns aren’t guaranteed and assets are locked for a period, staking adds an income-generating dimension that enhances ETF appeal.
However, risks remain: if ETH’s price drops during the lock-up period, rewards may not offset losses.
How to Invest in Ethereum ETFs: Entry from Just $300 HKD
For investors seeking exposure to Ethereum without managing private keys or navigating exchanges, spot ETFs offer a low-barrier entry point.
Launched in Hong Kong last year, the first wave of Ethereum spot ETFs includes:
- CSOP HashKey Ethereum ETF (03009)
- ChinaAMC Ethereum ETF (03046)
- Harvest Ethereum Spot ETF (03179)
These funds aim to track the performance of Ethereum via the CME CF Ethereum Reference Rate (Asia closing price).
As of June 10, 2025, closing prices show accessible entry points:
| ETF | Management Fee (%) | Closing Price (HKD) | Shares per Lot | Entry Cost (HKD) |
|---|---|---|---|---|
| CSOP HashKey Ethereum ETF (03009) | 0.60% | 2.07 | 100 | 207 |
| ChinaAMC Ethereum ETF (03046) | 0.99% | 6.44 | 100 | 644 |
| Harvest Ethereum Spot ETF (03179) | 0.30% | 6.515 | 100 | 651.5 |
👉 Compare low-cost entry options and start building your crypto portfolio today.
Even with just HK$207, investors can gain diversified exposure to Ethereum’s price movements—making it ideal for beginners or those allocating small amounts.
Bitcoin spot ETFs are similarly accessible:
| ETF | Management Fee (%) | Closing Price (HKD) | Shares per Lot | Entry Cost (HKD) |
|---|---|---|---|---|
| CSOP HashKey Bitcoin ETF (03008) | 0.60% | 8.51 | 100 | 851 |
| ChinaAMC Bitcoin ETF (03042) | 0.99% | 13.57 | 100 | 1357 |
| Harvest Bitcoin Spot ETF (03439) | 0.30% | 13.62 | 100 | 1362 |
There are also futures-based alternatives like the CSOP E Fund CSI Bitcoin Futures ETF (03135) and CSOP E Fund CSI Ether Futures ETF (03068), though these come with higher fees (up to 1.99%) and tracking differences due to futures roll costs.
Frequently Asked Questions
Q: What’s the difference between spot and futures ETFs?
A: Spot ETFs hold actual ETH or BTC and track real-time prices closely. Futures ETFs invest in derivatives contracts, which can deviate from spot prices over time due to rollover costs and market structure.
Q: Is now a good time to invest in Ethereum ETFs?
A: With positive regulatory momentum, institutional inflows, and growing utility in payments and DeFi, many analysts see long-term potential—but remember: crypto remains volatile. Only invest what you can afford to lose.
Q: Can I earn staking rewards through Hong Kong-listed Ethereum ETFs?
A: Currently, most Hong Kong spot ETFs do not offer staking rewards. However, if U.S. regulators approve staking for ETFs, it could influence global product design—including future offerings in Asia.
Q: Are Ethereum ETFs safer than buying ETH directly?
A: For retail investors, yes—ETFs eliminate custody risks (like lost keys or exchange hacks) and are regulated financial products traded on traditional exchanges.
Q: How do I buy these ETFs?
A: You can purchase them through any brokerage account that supports Hong Kong stock trading—just like buying shares in any public company.
While volatility persists, Ethereum’s combination of technological leadership, regulatory progress, and financial innovation makes it a compelling asset class for modern portfolios.
👉 Learn how to navigate digital asset investing with confidence—start exploring your options now.