BlackRock Unloads $1.5 Billion on Ethereum Through Spot ETFs
BlackRock has made significant investments in Ethereum over the past 20 days through its spot ETF products. The asset manager acquired $1.5 billion in Ethereum, with $1.27 billion purchased via ETHA and an additional $296.5 million through ETHB.
The accumulation of ETHB was particularly notable, as it recorded zero outflows throughout the entire 20-day period, indicating sustained investor demand for the fund. This consistent buying activity highlights continued institutional interest in Ethereum exposure through regulated investment products.