BlackRock’s Ethereum Bet Just Broke Every Record

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Well, folks, it seems BlackRock decided to throw a *huge* party in the Ethereum (ETH) pool, splashing a whopping $499.2 million in ETH all in one day! 🎉 Yes, you heard that right! Talk about commitment issues, right? This marks a new record for what I like to call “daily ETH therapy” for our asset giant. It seems Arkham was snooping on the blockchain again and revealed that BlackRock is now sitting on over $7 billion worth of Ethereum. That’s over two million ETH! 🤑

So, about that record-breaking deal? Oh, it perfectly lines up with a massive uptick in the excitement for BlackRock’s shiny new toys: the Ethereum ETF and the iShares Ethereum Trust (ETHA). On July 16, ETHA was literally popping off with $499.25 million in new money flowing in. It’s basically the Beyoncé of ETFs right now, strutting its stuff with net assets ballooning to $7.73 billion. 🌟

Now, hold onto your calculators because ETHA’s price joined the party too! It leaped 11.19% on July 16, closing at $25.63. I mean, have you ever seen an ETF move like this? It’s like they saw a rollercoaster and said, “Yes, please!” 🎢

BLACKROCK RECORD BUY: HALF A BILLION USD OF ETH

So, BlackRock just set a brand-new daily record, buying $499.2M ETH in one day yesterday.

Currently, BlackRock’s Ethereum stash is sweet at $6.94 Billion USD.

— Arkham (@arkham) July 17, 2025

And don’t you dare think this is some fleeting moment of excitement. Nope! This record is riding the coattails of an almost 90% surge from April’s low. I mean, talk about leveling up! The recent boom has made ETHA’s late-2024 highs whisper sweet nothings again, which has got everyone buzzing that institutional interest in Ethereum is flipping from “ghosting” to “let’s make it official.” 💍

Meanwhile, BlackRock’s crypto collection is becoming a real showstopper, with total assets nearing $92 billion! Bitcoin is still the Beyoncé of the group with $84.98 billion, but ETH is like, “Excuse me, hold my drink!” and seriously gaining on its heels. 🍸

As of July 16, a jaw-dropping $726.7 million flowed into all U.S. spot ETH ETFs in just one day, pushing total investments past $6.4 billion! Sure, BTC is still sitting pretty, but that big institutional waltz toward ETH — the one BlackRock just took — is hard to overlook. 💃

Looks like Ethereum’s institutional rave is just getting cranked up. Get your glow sticks ready! ✨

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2025-07-17 17:37