BlackRock’s iShares Ethereum ETF May Continue Growing Holdings Amid Rising Institutional Interest

Key Points

1. BlackRock’s iShares Ethereum ETF holds over 3 million ETH, valued at $11.4 billion, accounting for 2.5% of Ethereum’s total supply.

2. Over 60% of BlackRock’s ETH holdings were acquired in July, marking its most aggressive accumulation phase.

3. Ethereum’s price surged 52% in July, surpassing $3,500, fueling institutional demand.

4. BlackRock’s ongoing Ethereum purchases reflect sustained institutional confidence in ETH, despite mixed market signals.

5. The growing adoption of Ethereum-based investment products, such as spot ETFs, underscores Ethereum’s increasing institutional appeal.