BlackRock Drives Ethereum ETF Boom with Record-Breaking Holdings

BlackRock has become the undisputed leader in the Ethereum ETF market, driving a surge that reflects growing institutional interest. Its ETHA fund alone holds over half of all Ethereum ETF assets, indicating significant investor trust and positioning it as a key driver behind recent price gains. 3.49 million ETH are currently held by BlackRock’s ETF, accounting for 58% of total market allocations. This remarkable dominance is fueled by strong inflows into the BlackRock ETF, with over $2.317 billion added last week alone. This trend indicates growing confidence in Ethereum’s long-term value.