BlackRock's Ethereum Spot ETF Accumulates Over 150,000 ETH, Signaling Growing Institutional Interest
CryptoNewsTerminal Staff30 Jul, 2024
BlackRock's Ethereum Spot ETF Accumulates Over 150,000 ETH, Signaling Growing Institutional Interest
BlackRock's Ethereum spot ETF, iShares Ethereum Trust ETF (ETHA), has gained significant traction, with its ETH holdings surpassing 150,000. According to the official website, the current holdings stand at approximately 151,821.97 ETH, equivalent to roughly $502 million. This surge in holdings reflects the growing institutional interest in the cryptocurrency market, with BlackRock, a prominent asset management firm, leading the way.