$ETH BREAKING: BLACKROCK'S ETHEREUM ASSETS REACH $2.5 BILLION 🚨
BlackRock's iShares Ethereum Trust ETF (ETHA) has recently surpassed $2.5 billion in assets under management, marking a significant milestone in institutional adoption of Ethereum. This development underscores growing confidence in Ethereum's long-term value proposition. BlackRock+6FinTech Futures+6BlackRock+6
The ETF, launched in July 2024, offers investors exposure to Ethereum's native token, ether, within a traditional brokerage account. It carries a 0.25% sponsor fee, with a one-year waiver reducing the fee to 0.12% on the first $2.5 billion of assets under management. BlackRock+4BlackRock+4BlackRock+4Investopedia+7BlackRock+7FinTech Futures+7
This surge in assets reflects increasing institutional interest in Ethereum, particularly as the network continues to evolve with developments like Ethereum 2.0 and its role in decentralized finance (DeFi).
