• BlackRock wallet balance continues to grow this month, accumulating $ETH 👆
• Cats began buying ETH in earnest in June.
According to Glassnode, the largest single-day inflow occurred on June 12, when cats bought over 871,000 ETH — the largest net inflow of 2025 to date.
This is a trend of accumulation of reflected behavior that was last seen in 2017.
• Institutional investors continue to pour money into ETH funds.
ETH ETFs have seen $206 million in inflows over the past seven days — five times more than the previous week’s $40 million.
Asset manager BlackRock was the largest buyer of ETH.