22.07.2025 10:24
BlackRock's recent acquisition of 27,158.86 ETH, valued at $100 million on July 21st, underscores a significant surge in institutional investment in Ethereum. This substantial purchase follows a month of aggressive buying, totaling over $3 billion in July alone, reflecting a clear commitment to long-term Ethereum exposure. The transaction further solidified BlackRock's dominance in the Ethereum ETF market.
The July 21st purchase is just one piece of a larger puzzle of escalating institutional interest. Earlier in July, BlackRock made equally impressive acquisitions, including 113,586 ETH on the 19th and a staggering 158,875 ETH on the 18th, worth $574 million. This consistent buying pattern, culminating in a record-breaking one-day purchase on July 17th, propelled BlackRock's total ETH holdings to approximately 2.5 million, representing roughly 4.5% of the total Ethereum supply.
BlackRock's ETHA ETF continues its market leadership, consistently attracting 90-98% of daily US ETF inflows on strong trading days. This remarkable dominance highlights the significant investor confidence in BlackRock's Ethereum strategy. The impressive inflows are not solely attributed to BlackRock's activities; other major institutional players are also actively accumulating ETH.
Meanwhile, other prominent institutional investors are contributing to the overall upward trend in Ethereum inflows. Fidelity's FETH fund saw substantial inflows of $113 million on July 17th and $127 million on July 21st, even briefly outpacing BlackRock on the latter date. Grayscale, another key player, also registered significant positive inflows across its various ETH offerings throughout the month, including a $65 million inflow for its Mini ETH Trust on July 18th and $54.9 million for its ETHE fund on July 21st, signaling a potential reversal of earlier negative sentiment. These concurrent activities showcase the widespread institutional belief in Ethereum's future. The combined effect of this institutional accumulation led to a record-breaking weekly inflow of $2.12 billion into Ethereum, almost double the previous peak. This unprecedented influx of capital underscores a growing market consensus on Ethereum's long-term prospects. Information for this report was gathered from various internet sources.
