BlackRock Just Broke Major 2,000,000 Ethereum (ETH) Milestone

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.