BlackRock’s Ethereum ETF Rockets to $10B, Third-Fastest in History
The post BlackRock’s Ethereum ETF Rockets to $10B, Third-Fastest in History appeared on BitcoinEthereumNews.com.
In brief Only BlackRock and Fidelity’s spot Bitcoin funds needed less time to reach $10 billion in assets. ETHA has added $5 billion over a 10-day period ending Wednesday. The surge in ETH ETF inflows has been closely intertwined with a dramatic surge in Ethereum’s price. BlackRock’s iShares Ethereum Trust (ETHA) has topped $10 billion in assets, marking the third-fastest ascent to that milestone in ETF history, Bloomberg data shows, in a sign of surging investor appetite for Ethereum. ETHA needed just 251 days to reach this threshold, less time than all but the iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fundspot Bitcoin funds, which needed just 34 days and 53 days, respectively. The fund doubled in size over 10 days ending Wednesday, adding $5 billion in assets to become the shortest period ever for a fund to grow from that mark to $10 billion, Bloomberg Senior ETF Analyst Eric Balchunas told Decrypt. “That five to $10 billion move, most of that’s the price, although the flows were really robust too,” Balchunas said. “So it was a nice combination of both. But I don’t think I’ve ever seen an ETF grow that quickly. “This is very weird stuff,” he added. The inflow surge has been closely intertwined with a dramatic spike in the asset, which on Monday approached $3,850, its highest point since December. It is currently trading about 3.5% below that at $3,710, according to CoinGecko data. Analysts have attributed the increase, along with the rise of ETH treasuries, to growing interest in the funds, although Balchunas said the cause and effect was unclear. “Flows in the price are like tangoing,” he said. “I don’t think the flows make the price go up. I don’t think the price makes the flows go up 100%. They feed off…
Filed under: News - @ July 25, 2025 4:21 am