Hi! Have you seen the news about BlackRock's Ethereum ETF? Their iShares Ethereum Trust (ETHA) fund has just crossed the $10 billion asset mark — and has done so faster than almost any ETF in history! Let's figure out why this is important and what it means for ETH.
How quickly did ETHA gain $10 billion?
251 days — that's how long it took the BlackRock Ethereum ETF.
For comparison:
The IBIT (BlackRock) Bitcoin ETF has reached $10 billion in 34 days.
FBTC (Fidelity) — in 53 days.
But the most amazing thing is that the last $5 billion of ETHA has grown in just 10 days!
"I don't think I've ever seen an ETF grow so fast." — Eric Balcunas, senior analyst at Bloomberg.
Why did the Ethereum ETF suddenly take off?
1️⃣ ETH price increase
This week, ETH reached $3,850 (the highest since December 2024).
It is currently trading around $3,710, but investors believe in further growth.
2️⃣ Inflow of money into ETFs
During the 3 days of this week, $1.1 billion was invested in the Ethereum-ETF.
For comparison, Bitcoin ETFs hold $140 billion, but ETH is just starting to catch up.
3️⃣ Political support
Under the Trump administration, the crypto market received the GENIUS Law, which simplifies regulation.
Ethereum is winning as a platform for stablecoins and DeFi.
What will happen next?
Analysts disagree:
Optimists (as Sumit Roy from ETF.com They believe that this is just the beginning:
"The hype around stablecoins and Ethereum treasury bonds has given an impetus. The demand for ETFs has finally appeared!"
Skeptics remind us that the bitcoin ETF is still 14 times larger, and ETH needs to prove that it is not just a "second BTC."
The main question
Is it worth investing in Ethereum through ETFs now, or is Bitcoin still more reliable? Do you think ETH will be able to repeat the success of BTC funds?
