Ethereum witnessed a significant surge in inflows, reaching $296 million this week, marking its largest inflow since late 2024. This remarkable growth is fueled by BlackRock’s substantial increase in ETF holdings and a record-breaking rise in staking activity. The influx of capital from institutions has bolstered market optimism, driving Ethereum’s surge to new heights.
BlackRock’s iShares Ethereum Trust has witnessed consistent inflows for the past 23 days without any outflows. This substantial investment from BlackRock contributed significantly to the rising levels of ETH holdings in the trust.
The growth is further reflected in the record-breaking 34.65 million ETH staked on the Beacon Chain, indicating heightened confidence among holders. These strategic shifts by institutions are driving reduced selling pressures and a stronger market position for Ethereum.
Ethereum’s ongoing inflows suggest potential future upward momentum. In contrast, Bitcoin has experienced outflows as investors adjust their strategies in response to these market dynamics.