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BlackRock’s ETH ETF Hits $10 Billion

The institutional ETH embrace is speeding ETH ETF adoption.

Jul 24, 2025 • 1 min read

BlackRock’s iShares Ethereum Trust (ETHA) has surged past $10 billion in assets just 251 days after launch, marking one of the fastest-ever ETF growth trajectories—reflecting massive institutional interest in Ethereum exposure.

What’s the Scoop?

Blazing Growth: ETHA reached $10 billion AUM in just 251 days, making it the third-fastest ETF ever to hit that mark, trailing only BlackRock’s own Bitcoin spot ETF (34 days) and Fidelity’s FBTC (54 days).
Institutional Inflows: Ethereum spot ETFs have seen consecutive inflow streaks, with ETHA leading—drawing over $324 million in a single day and contributing to $8.9 billion in cumulative inflows.
Market Share Leader: ETHA now holds around 41% of total U.S. spot ETH ETF assets, equivalent to roughly 1.58 million ETH (~$4 billion), positioning BlackRock as the dominant player.
Yield Ambitions Brewing: BlackRock has submitted an SEC rule filing to enable ETH staking, aiming to unlock staking yield once regulatory approval arrives.
Wider Macro Ripple: The rapid adoption of ETHA underlines growing confidence in Ethereum’s utility beyond store-of-value—supported by staking prospects, DeFi growth, and institutional demand.

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