Institutional money keeps flowing into Ethereum, and the biggest asset manager on the planet is leading the charge. US spot Ethereum ETFs pulled in $101.7 million in early June, with BlackRock’s iShares Ethereum Trust (ETHA) accounting for $37 million of that haul.
That $37 million landed on June 8 alone, according to data from SoSoValue. For context, the entire Ethereum ETF complex saw $82.37 million in net inflows that same day, meaning BlackRock captured nearly half of all institutional demand in a single session.
BlackRock’s growing grip on Ethereum
ETHA has grown to hold roughly $6.5 billion in assets, making it the undisputed heavyweight among Ethereum spot ETFs.
The firm’s dominance isn’t limited to its original offering. Back in March, BlackRock launched ETHB, a staked Ethereum ETF that debuted with over $100 million in assets. The product introduces staking rewards on top of traditional spot exposure.
