BlackRock’s iShares Ethereum Belief (ETHA) simply hit an enormous milestone: It’s now holding greater than 2 million ETH, which is price over $5.5 billion. That is greater than 1.65% of Ethereum’s complete provide now parked in a single U.S. spot ETF.
In line with the newest knowledge, ETHA’s holdings reached 2,001,081 ETH as of July 13. This comes after a giant week for inflows — over $900 million got here in, making it the fund’s strongest week since launch. Three of ETHA’s ten largest each day inflows occurred within the final seven days alone.
For those who have a look at the massive image, all U.S. spot ETH ETFs mixed are actually managing $13.5 billion in property. That accounts for almost 3.8% of ETH’s market cap. BlackRock is within the lead, adopted by Constancy, Bitwise and Grayscale. Complete internet inflows throughout all funds have handed $5.3 billion, and it is clear that establishments are critically .
iShares Ethereum ETF now holds over 2 million ether…
Present complete provide of eth = 121mil pic.twitter.com/JqhkzsnZwf
— Nate Geraci (@NateGeraci) July 13, 2025
ETHA additionally had a powerful week on the chart. The ETF closed at $22.80 on Friday, up nearly 17% from its opening worth of $19.36 on Monday. That is the largest weekly achieve since Could, with the worth breaking above short-term resistance and quantity skyrocketing alongside it.
The large image is fairly clear: Extra ETH is shifting out of the open market and into long-term funding choices. With BlackRock now holding such a giant share of provide, the dynamics of Ethereum’s liquidity are altering.
It is not only a hype cycle or a one-time factor. Ethereum’s institutional positioning is already taking place, and you’ll see it within the knowledge — from flows and pricing to how a lot ETH is definitely accessible.
