Record-Breaking BlackRock ETHA Inflow Signals Growing Institutional Trust in Ethereum

BlackRock’s launch of its spot Ethereum ETF, ETHA, has triggered a record-breaking influx of capital into the market. On August 11th, investors injected $640.68 million into ETHA, marking the largest single-day net inflow since the ETF’s inception. Crypto analyst Trader T highlighted this impressive surge on X (formerly Twitter), indicating growing institutional confidence in Ethereum.