Lo! In the weary land of finance, where dreams of fortunes flutter like leaves in an autumn storm, BlackRock’s iShares Ethereum Trust (ETHA) has struck a monumental chord. Over 2 million ETH now graces its coffers—yes, dear reader, more than $5.5 billion worth of digital currency, crowning them as the king of crypto ETFs with a hefty slice of 1.65% of Ethereum’s total supply sitting comfortably in their U.S. den. 🤑
As the ancients would say, every treasure has its tale. And on the 13th of July, the records revealed a startling truth: ETHA, not content with mere pennies, now flaunts 2,001,081 ETH. After enduring a torrid week of influxes—more than $900 million bodaciously rushed in, making it the most fruitful week since the dawn of its inception. What a time to be alive, right? 🎉 Three instances of its ten largest daily inflows danced merrily within this last seven days, like children at a feast.
Peering into the wide expanse of U.S. spot ETH ETFs, we find them collectively hoarding assets worth a staggering $13.5 billion, like gluttons at a banquet. This equates to almost 3.8% of ETH’s market cap, declaring loudly that BlackRock leads the charge, vying against Fidelity, Bitwise, and GrayScale in this festivity of financial prowess. Who knew institutional interests could create such a ruckus, with total net inflows sauntering past $5.3 billion. Are they playing poker with our souls? 🃏
iShares Ethereum ETF now holds over 2 million ether…
Current total supply of eth = 121mil
— Nate Geraci (@NateGeraci) July 13, 2025
And behold! The numbers speak volumes, as ETHA pirouetted gracefully on the financial stage, closing at an impressive $22.80 last Friday, marking an almost 17% rise from its opening note of $19.36 at the week’s dawn. Oh, sweet volatility! Surely this is the finest weekly gain since May, with prices bursting through short-term resistance as trading volumes shot up like a firework on New Year’s Eve! 🎆
The grand narrative unfolds: More ETH is evacuating the bustling marketplace, seeking refuge in the warm embrace of long-term investment havens. With BlackRock grasping such a voluminous share of the ether, the breath of Ethereum’s liquidity finds itself reshaping. A tale of caution or perhaps delight awaits, as it’s not mere whimsy or a fleeting craze; institutional positioning is manifesting with clarity in the dazzling data—flows up, prices in flux, and oh, how scant the available ETH now is! 🍾
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2025-07-13 15:31