Key Insights:

BlackRock, one of the largest asset managers in the world now holds around 1.5% of all ETH in circulation.

Ethereum is currently being outpaced by Bitcoin, but this could be changing soon.
Analysts see a possible 10x move on Ethereum, similar to its moves back in 2017

 

Ethereum may not be soaring in price just yet. At least not compared to Bitcoin. However, behind the scenes, the world’s largest asset manager is making serious moves with cryptocurrency. 

According to reports, BlackRock has now accumulated 1.5% of all Ethereum in circulation. While retail traders watch the charts nervously, institutions like BlackRock, SharpLink Gaming, and Bit Digital are quietly loading up on ETH. 

Here are a few things to learn about this aggressive buying trend and what it means for investors.

BlackRock’s $158 Million ETH Purchase

BlackRock confirmed the purchase of $158.6 million worth of Ethereum on July 10. This brought its total ETH holdings to an impressive $4.45 billion, which is about 1.5% of all ETH currently in circulation.

BREAKING:

BLACKROCK JUST BOUGHT $158.6 MILLION WORTH OF $ETH.

WHALES ARE LOADING UP! pic.twitter.com/D87VYkBcx9

— CryptoGoos (@crypto_goos) July 10, 2025

This also makes BlackRock one of the largest known holders of Ethereum, and its moves aren’t even a one-off buy. 

Reports also show that over the past two months, the asset management titan has acquired a total of $1.5 billion in ETH. The scale of these purchases shows that this entity is gaining conviction among other large players.

Does BlackRock know something the retailers don’t?

BlackRock, Fidelity and Grayscale Lead ETH ETF Inflows

BlackRock’s aggressive ETH purchases coincide with strong inflows into spot Ethereum ETFs. On Wednesday, ETHA, BlackRock’s Ethereum ETF, led the market with over 75% of the $211.3 million total ETF inflows for the day.

Fidelity’s FETH came in second with $29.5 million, followed by Grayscale’s ETH product at $18 million.

These ETFs have now posted eight straight weeks of positive inflows, accumulating more than 61,000 ETH in total. In the last 30 days alone, institutions have bought $830 million worth of ETH, in a show of serious demand from professional investors.

Ethereum Outpaces Bitcoin in Volume, But Price Stalls

Interestingly, even with this massive institutional demand, Ethereum’s price hasn’t quite caught fire. 

ETH is currently trading around $2,979, and is up 8% in the last 24 hours. However, the cryptocurrency has yet to break above the psychologically important $3,000 level.

In all, Merlijn The Trader, a well-known analyst on X noted a striking resemblance between Ethereum’s current price pattern and its 2016–2017 accumulation and breakout cycle.

Ethereum is printing the exact same pattern from 2016–2017.
Accumulation → fakeout → launch.

That move ended in a 10x.
This time we’ve got BlackRock and billions lined up.

Fading $ETH here isn’t just wrong it’s reckless. pic.twitter.com/GOsVEG47Zq

— Merlijn The Trader (@MerlijnTrader) July 6, 2025

“Ethereum is printing the exact same pattern… Accumulation → fakeout → launch. That move ended in a 10x. This time we’ve got BlackRock and billions lined up. Fading ETH here isn’t just wrong—it’s reckless.”

That kind of comparison might sound unachievable, especially with the 10x prediction. However, it is backed by hard numbers because whale activity is measurable and ETF inflows are public. 

The question is no longer if institutions are interested in Ethereum. It’s how long they plan to keep accumulating before the rest of the market catches up.

The post 1.5% Of All ETH In Circulation Is Now Owned By BlackRock appeared first on Live Bitcoin News.

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Filed under: Bitcoin - @ July 11, 2025 4:15 pm