BlackRock's Spot Ethereum ETF ($ETHA, $BLK) Surpasses $1 Billion in Two Months

Sep 28, 2024, 08:00 PM

BlackRock's spot Ethereum ETF has surpassed $1 billion in net asset value just two months after its launch. This achievement makes it the second spot Ethereum ETF to reach this milestone, following Grayscale's Ethereum Mini Trust. The fund, known as ETHA, now ranks in the top 20% of over 3,700 US ETFs. Additionally, U.S. Ethereum ETFs saw $84.5 million in weekly inflows after six weeks of outflows. The ETF is listed under the ticker symbols $ETHA and $BLK.