Ethereum News: BlackRock’s ETHA Shatters Records with 3M ETH Holdings as SEC Policy Fuels $11.1B AUM Boom
In a groundbreaking development for the crypto market, BlackRock’s iShares Ethereum Trust (ETHA) has surged past 3 million ETH in holdings, with its assets under management (AUM) skyrocketing to $11.1 billion. This explosive growth comes as the SEC’s recent policy changes create a perfect storm for institutional Ethereum adoption. Let’s dive into what this means for the future of crypto investing.
Why Is BlackRock’s ETHA Dominating Ethereum ETF Inflows?
The numbers tell a compelling story:
- 1.23 million ETH added just in July 2025
- Single-day inflow of $223 million in late July
- Trading volumes exceeding $1.1 billion
- Share price up 50% in one month
This unprecedented activity stems directly from the SEC’s approval of in-kind redemptions for Ethereum ETFs, creating a regulatory green light for institutional players.
How SEC Policy Changes Are Reshaping Crypto Markets
The regulatory landscape is undergoing a seismic shift:
| Policy Change | Impact |
|---|---|
| In-kind redemption approval | Enabled massive ETH accumulation |
| Potential staking proposal | Could unlock yield for investors |
| Shift in crypto ETF composition | Ethereum now 13% of market |
Bloomberg analyst Eric Balchunas notes Ethereum’s share of crypto ETF AUM grew from negligible to 13% in just two months, while Bitcoin’s dominance slipped from 90% to 82%.
What Does This Mean for Ethereum’s Future?
The institutional embrace signals three key developments:
- Legitimization of Ethereum as an institutional asset class
- Potential for staking yields to attract more conservative investors
- Growing competition with Bitcoin for ETF market share
While Balchunas predicts Ethereum ETFs won’t surpass 20% of total crypto ETF AUM, the current trajectory suggests ETHA will continue leading capital inflows into Ether-based products.
Frequently Asked Questions
Q: How much ETH does BlackRock’s ETHA currently hold?
A: As of July 2025, ETHA holds over 3 million ETH, with 1.23 million added in July alone.
Q: What caused the sudden surge in ETHA inflows?
A: The SEC’s approval of in-kind redemptions for Ethereum ETFs removed a major barrier for institutional investment.
Q: Could ETHA introduce staking rewards?
A: The SEC is reviewing a proposal that would allow staking within the ETHA structure, with a decision expected by year-end.
Q: How does Ethereum’s ETF market share compare to Bitcoin?
A: Ethereum now represents 13% of crypto ETF AUM, up from nearly zero, while Bitcoin’s share fell from 90% to 82%.
