BlackRock’s iShares Ethereum Trust Surpasses 2 Million ETH Amid Growing Institutional Interest
2025-07-13 12:52:15
Main Idea
BlackRock’s iShares Ethereum Trust (ETHA) has surpassed 2 million ETH holdings, reflecting strong institutional confidence in Ethereum, while U.S. spot Ethereum ETFs collectively manage $13.5 billion in assets.
Key Points
1. BlackRock’s iShares Ethereum Trust (ETHA) holds 2,001,081 ETH as of July 13, valued at over $5.5 billion, representing more than 1.65% of Ethereum’s circulating supply.
2. U.S. spot Ethereum ETFs have collectively amassed $13.5 billion in assets under management, accounting for nearly 3.8% of Ethereum’s market capitalization.
3. ETHA’s market performance surged 17% in a week, closing at $22.80, driven by strong institutional demand and inflows.
4. The concentration of ETH in institutional ETFs like ETHA is reshaping Ethereum’s liquidity landscape, potentially reducing volatility and enhancing market stability.
5. Key players in the U.S. spot Ethereum ETF market include Fidelity, Bitwise, and Grayscale, alongside BlackRock.
Description
BlackRock’s iShares Ethereum Trust (ETHA) has surpassed a significant milestone by holding over 2 million ETH, representing a substantial institutional stake in the Ethereum ecosystem. This surge in holdings underscores
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