In a groundbreaking development for the cryptocurrency market, BlackRock’s iShares Ethereum Trust (ETHA) has surged past 3 million ETH in holdings, with assets under management (AUM) reaching an impressive $11.1 billion. This milestone highlights the growing institutional interest in Ethereum, fueled by recent SEC policy changes. Let’s dive into the details.
BlackRock ETHA: A Surge in Institutional Demand
BlackRock’s ETHA has added 1.23 million ETH in July alone, with a single-day inflow of $223 million in late July. Key highlights include:
- 59,309 ETH acquired on July 29
- Trading volumes exceeding $1.1 billion
- Share price up over 50% in July
SEC Policy Boost: A Game-Changer for Ethereum ETFs
The SEC’s approval of in-kind redemptions for Ethereum ETFs has accelerated inflows into ETHA. Analysts note:
| Metric | Value |
|---|---|
| July Net Inflows | 58,000 ETH |
| Ethereum ETF Market Share | 13% (up from previous months) |
What’s Next for Ethereum ETFs?
The SEC is considering a proposal to allow staking within ETHA, which could:
- Generate additional yield for investors
- Further boost institutional adoption
- Potentially increase Ethereum’s market share in crypto ETFs
FAQs
How much ETH does BlackRock’s ETHA hold?
As of July 2025, ETHA holds over 3 million ETH, with 1.23 million added in July alone.
What caused the surge in ETHA’s AUM?
The SEC’s approval of in-kind redemptions for Ethereum ETFs and growing institutional interest have driven this growth.
Could Ethereum ETFs surpass Bitcoin ETFs?
While Ethereum’s market share has grown to 13%, analysts don’t expect it to surpass 20% of total crypto ETF AUM soon.
What would staking approval mean for ETHA?
It would allow ETF issuers to earn yield on held ETH, potentially passing added returns to investors.
