#BlackRock just bagged over 2,000,000 $ETH through its iShares Ethereum Trust ($ETH ). That’s 1.65% of ALL $ETH locked up in a single ETF. Wild, right? 🤯
In dollar terms? More than $5.5 billion. And they’re not slowing down — $900M+ flowed in just this week, ETHA’s strongest week ever. Even crazier? 3 of the 10 biggest inflow days ever happened in the past 7 days alone. 👀
Here’s the kicker:
📊 U.S. spot ETH ETFs now control $13.5B+
📈 That’s nearly 3.8% of Ethereum’s market cap
🏆 BlackRock leads the charge, ahead of Fidelity, Bitwise & Grayscale
It’s not just hype. Institutions are scooping ETH off the market and locking it up. ETHA itself is up nearly 17% this week, closing at $22.80. Volume’s booming, resistance smashed. The game is changing fast. 💨
Less ETH on the market = tighter supply = rocket fuel? 🚀
Not financial advice, but the math is mathing.
Drop your hot take below! 🔥👇