BlackRock’s iShares Ethereum Trust (ETHA) has surpassed 2 million ETH in holdings, cementing its position as a major institutional gateway to Ethereum. With assets under management exceeding $5.5 billion, the fund now represents approximately 1.65% of Ethereum’s total circulating supply.
ETHA recorded $900 million in weekly inflows – its highest single-week influx since launch – reflecting accelerating institutional demand. Concurrently, the ETF’s price surged nearly 17% over one week, marking the strongest weekly performance recorded since earlier this year.
Among U.S. spot Ethereum ETFs collectively managing $13.5 billion, BlackRock’s offering leads the market. These institutional vehicles enhance Ethereum’s liquidity and market stability while creating a foundation for complex financial products targeting traditional investors.
The expansion of Ethereum-based institutional products signals growing confidence in the asset class and may catalyze further development of regulated infrastructure for digital asset investment.