BlackRock’s Ethereum ETF (ETHA) just had its best day ever, pulling in $640.68 million in a single day as institutional demand for ETH explodes.
Key Milestones Hit
💰 $10B total inflows (doubled in just 3 months)
📈 ETHA share price hits $33.02 (all-time high)
🔄 3.3M ETH accumulated (worth ~$14B)
Why This Matters
✅ Spot ETH ETFs outpacing Bitcoin funds 5.5x ($1B vs $179M)
✅ ETH price up 20% this week to $4,300
✅ Corporate treasuries & ETFs driving demand
Nate Geraci, ETF expert, noted:
What’s Next for ETH?
🔹 SEC staking approval could bring more inflows
🔹 Analysts eye $12K ETH by year-end
🔹 Treasury firms keep accumulating (BitMine holds 833K ETH)