BlackRock Dominates Ethereum Funds: Huge Acquisition Despite Market Volatility

• Ethereum exchange-traded funds attracted $3.7 billion in new inflows over the past few days, highlighting the strength of institutional demand.

• BlackRock's ETHA fund dominates the market with 3.49 million ETH (58% of assets under management).

• Grayscale holds 1.13 million ETH, while Fidelity manages 476,000 ETH.

• Despite the drop in the price of Ethereum to $4,200, institutions continue to accumulate, reflecting long-term confidence.

✅ Summary: While individual traders are worried about the drop, institutions continue to pump massive investments into Ethereum led by BlackRock, which could pave the way for a new breakout in the future.