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Crypto

BlackRock's Ethereum ETF Sees Record-Breaking $149M Inflow

Guavy AI Editorial Team
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ETH
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BlackRock's iShares Ethereum Trust ETF saw significant inflows on September 11, attracting $149 million in new capital. This influx brings the cumulative net inflows to over $13 billion for ETHA, solidifying BlackRock's dominance in the Ethereum ETF market.

The firm also offers a staked Ethereum ETF that allows investors to earn yield without managing crypto keys. However, large inflows can be reversed quickly if market sentiment changes, potentially impacting Ethereum's price.

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