BlackRock Buys $500 Million in ETH: Ethereum ETFs See Significant Inflows

BlackRock’s aggressive investment strategy in Ethereum has triggered a surge in ETF inflows. In just 10 days, BlackRock acquired over $500 million worth of ETH through Coinbase Prime, signaling its significant interest in the digital asset market. This massive accumulation coincides with rising net flows into U.S.-based Ethereum spot ETFs, bolstering institutional confidence in Ethereum exposure during Q2.