BlackRock Just Broke Major 2,000,000 Ethereum (ETH) Milestone
2025-07-13 12:40:14
Main Idea
BlackRock's iShares Ethereum Trust (ETHA) has surpassed 2 million ETH holdings, representing over 1.65% of Ethereum's total supply, signaling strong institutional interest and changing liquidity dynamics for Ethereum.
Key Points
1. BlackRock's ETHA now holds 2,001,081 ETH as of July 13, worth over $5.5 billion, marking a significant milestone.
2. The ETF saw over $900 million in inflows in a single week, its strongest performance since launch.
3. U.S. spot ETH ETFs collectively manage $13.5 billion in assets, accounting for nearly 3.8% of ETH's market cap.
4. BlackRock leads the ETH ETF market, followed by Fidelity, Bitwise, and Grayscale, with total net inflows exceeding $5.3 billion.
5. ETHA's price rose nearly 17% in a week, closing at $22.80, the biggest weekly gain since May.
Description
With more than 2,000,000 ETH, BlackRock controls over 1.65% of Ethereum's total supply — all inside single ETF
