BlackRock Ethereum ETF Approaches $5 Billion Inflows While IBIT Bleeds
The post BlackRock Ethereum ETF Approaches $5 Billion Inflows While IBIT Bleeds appeared on BitcoinEthereumNews.com.
Key Notes With a 40% share price growth over the past month, BlackRock Ethereum ETF (ETHA) holds over 1.5 million ETH coins. While Bitcoin ETF (IBIT) recorded $278 million in outflows, ETHA saw $34.7 million in single-day inflows, emphasizing Ethereum’s growing appeal. Despite Ethereum’s price correction of nearly 6% in two weeks, spot Ethereum ETFs have seen 14 straight days of inflows, attracting over $800 million. BlackRock Ethereum ETF has registered nine consecutive days of inflows in a row and is approaching the $5 billion milestone very soon. Over the last nine trading sessions, the asset manager has dominated inflows among other US ETF issuers, with nearly half a billion dollars. As per the official website, the net assets under management of the BlackRock iShares Ethereum Trust (ETHA) are $3.7 billion, while it holds more than 1.5 million ETH coins. Amid these massive inflows in this Ethereum ETF, the ETHA share price has also surged more than 40% over the past month. ETF Store President Nate Geraci stated that spot Ethereum exchange-traded funds (ETFs) have recorded inflows for 14 consecutive trading days, marking the longest streak of 2025 so far. During this period, these ETFs have attracted over $800 million in new capital, underscoring growing institutional confidence. Spot ether ETFs now w/ 14 straight trading days of inflows… Longest streak of 2025. Over $800mil in new $$$. “With traditional finance accelerating its move into tokenization, many view Ethereum as the most secure and reliable chain to build on.” via @sidcoins pic.twitter.com/obpx1DaWkh — Nate Geraci (@NateGeraci) June 6, 2025 These inflows gain dominance as Ethereum is becoming the key choice for tokenization in traditional finance, considering its robust security and reliability. The steady inflows highlight Ethereum’s pivotal role as a foundation for blockchain-based financial solutions. BlackRock Ethereum ETF Inflows Surge While…
Filed under: News - @ June 7, 2025 12:27 pm