TL;DR
- BlackRock’s Ethereum ETF has surpassed 1 million ETH holdings, reaching a market value of over $4 billion, fueled by significant recent inflows.
- The iShares Ethereum Trust ETF (ETHA) provides institutional investors exposure to ETH without managing their own wallets..
- Strategist Juan León predicts Ethereum’s resurgence in 2025, particularly in the $100 trillion real-world asset market, driven by its role in tokenization and favorable regulatory conditions.
BlackRock’s Ethereum exchange-traded fund (ETF), launched by one of the largest asset managers in the world, has surpassed 1 million ETH in holdings.
According to data published on the company’s website, the iShares Ethereum Trust ETF (ETHA) now holds a total of 1.025 million ETH. This represents a market value of over $4 billion. The growth in ETH holdings has been driven by a significant increase in investment inflows over the past few weeks.
The purpose of the Ethereum ETF is to replicate the price movement of ETH. It provides investors with a simple way to gain exposure to the cryptocurrency without the need to manage their own wallets. The volume of Ethereum now held by BlackRock shows tremendous confidence from institutional investors in the asset. Despite Ethereum’s struggles to surpass $4,400, while Bitcoin has managed to stay above $100,000 in recent months.
The Resurgence of Ethereum
The increase in capital inflows to the fund also reflects a positive shift in Ethereum’s outlook. According to Juan León. Senior investment strategist at Bitwise Asset Management, ETH is well-positioned to rebound in 2025. Particularly in the real-world asset market, valued at over $100 trillion. León points out that, in just the last ten days, Ethereum ETFs have received net inflows worth $2 billion, in stark contrast to the $250 million accumulated in the previous four months.
The strategist also highlights that Ethereum’s role in asset tokenization could generate annual revenues exceeding $100 billion, a figure that would far surpass its current earnings. León sees a promising future for the cryptocurrency, supported by favorable regulation that could come from entities like the SEC, which would act as a catalyst for its growth in 2025.
