BlackRock’s $300M Ethereum Gold Rush Hits Maximum Overdrive! 🚀💰

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What you should gasp at:

  • Ah, Ethereum‘s ether (ETH)—once again the talk of the digital town, as U.S. spot ETFs stumble upon one of their most glorious inflows! Talk about an exhilarating roller coaster! 🎢
  • In what appears to be a financial miracle, BlackRock’s iShares Ethereum Trust managed to snag its largest daily inflow ever on Thursday—a staggering $300 million! Do they have a magic lamp? 🧞‍♂️
  • The nine U.S.-listed ETH ETFs have collectively gathered a whopping $703 million in net inflows this week alone, marking an impressive third-best record in their brief yet dramatic history. Must have been a very persuasive sales pitch! 😏

Ethereum, the prodigious second star of the crypto galaxy, has drawn in the masses once more. Our dear spot exchange-traded funds (ETFs) are reveling in the fervor of investors, celebrating one of their mightiest weeks since their inception a mere year ago. Can we get an “Hallelujah”? 🙌

Last Thursday, in perhaps the boldest display of monetary acrobatics seen this week, BlackRock’s iShares Ethereum Trust raked in over $300 million, elevating their total assets to a neat $5.6 billion. Data courtesy of Farside Investors suggests they might be onto something endlessly profitable!

And lo! A broader resurgence of ether-backed investment products unfolds before our eyes. The chorus of the financial markets sings sweetly of the nine U.S.-listed ETFs, which attracted a combined $703 million this week, according to the ever-watchful crypto data oracle SoSoValue. Friday’s figures are pending, yet it looks like they’ve already managed to bag the third-strongest weekly haul since their inception last July.

Even amid the gloomy cloud of ether’s price trailing behind that flamboyant Bitcoin this year, demand continues to hike. A new scroll from the wise asset manager Fineqia bears testimony to this peculiar trend. Go Ether Warriors! 💪

The AUM of ETH-backed exchange-traded products (ETPs) soared—61% faster in the first half of 2025 than the consternated market cap of the underlying asset. Steady inflows, indeed—don’t you just love how the market keeps its secrets? 📈

According to the scribes of Fineqia, ETP demand began to plot its grand comeback by late April and surged valiantly into June, defiantly outpacing ETH’s lethargic price rises like an overzealous marathon runner! 🏃‍♂️💨

The capital deluge has sparked ETH’s sensational comeback to $3,000—the zenith of its four-month hibernation! It seems the crypto spirits have awakened, and oh, what a spectacle it is! 🎉

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2025-07-11 23:34