BlackRock Adds $300M ETH—ETHA Smashes $6B in Trading Volume
BlackRock’s iShares Ethereum Trust (ETHA) made headlines on July 10 by buying 106,827 ETH worth $300 million...

Quick overview
- BlackRock's iShares Ethereum Trust made a significant purchase of 106,827 ETH worth $300 million, marking its largest single-day acquisition to date.
- This purchase increased BlackRock's total ETH holdings to 2 million and contributed to a total of $383 million in US Ethereum ETF inflows on that day.
- ETHA's total inflows have surpassed $6 billion, positioning it as one of the top-performing digital asset funds this year.
- Record trading volumes for ETHA have been observed, indicating growing investor confidence as Ethereum's price rises.
BlackRock’s iShares Ethereum Trust (ETHA) made headlines on July 10 by buying 106,827 ETH worth $300 million—its largest single day purchase since inception. This came as Ethereum was up 7% and the price was at $3,000. The purchase brings BlackRock’s total ETH holdings to 2 million, they are clearly getting more and more confident in Ethereum’s long term value.
According to Farside Investors, BlackRock’s inflow that day was 8x the average daily inflows since the ETF’s launch. The big purchase helped total US Ethereum ETF inflows hit $383 million that day. ETHA’s share price responded well, up 5% to $22.50 as investor appetite grew.
ETHA’s Total Inflows Over $6 Billion
The ETF’s total inflows are now over $6 billion according to BlackRock’s iShares platform. That puts ETHA in the top performing digital asset funds of the year. Ethereum’s price has also helped, up 15% in the last week.
Key stats:
- 2 million ETH under management
- $6 billion in assets
- 15% weekly gain in Ethereum price
BlackRock’s purchases have even outpaced Bitcoin inflows recently, they are clearly shifting their focus to Ethereum and its broader use cases, smart contracts and DeFi.
Record Trading Volume for ETHA
Bloomberg ETF analyst Eric Balchunas noted that ETHA has seen record trading volume for two days in a row, both over $800 million, 4x its average volume. That’s as Ethereum prices rise and investor confidence grows.
Other news:
- ETHA up 9% this week
- Down 18% year over year but sentiment is turning
- Truth Social, backed by Donald Trump, is entering the Ethereum ETF race
Looking ahead, all eyes are on the SEC’s decision on Ethereum ETF staking. If approved that could attract even more institutional investors and push ETHA’s share price higher and Ethereum into mainstream finance.
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