BlackRock buys $300M in Ethereum while ETH ETFs gain strong inflows

TLDR

Table of Contents

BlackRock purchased $314.9M in Ethereum over five days via ETF-linked wallets.
Ethereum ETFs recorded $443.91M in net inflows, hitting $28.84B AUM.
Ethereum price rose 3.40% today and is trading above $4,520
ETH has gained 93.99% in six months and 35.91% year-to-date.

BlackRock has made a $300 million Ethereum purchase, signaling a new wave of institutional interest in the crypto market. This move coincides with rising inflows into Ethereum ETFs, which have seen a large increase in the past few days. As Ethereum’s price climbs above $4,520, market analysts are paying close attention to institutional behavior and whether the renewed interest will remain consistent through Q3 2025.

BlackRock Adds Over $300M in Ethereum to Its Portfolio

BlackRock has purchased Ethereum worth approximately $314.9 million over the past five days, according to blockchain data from Arkham. The transactions were carried out through several tranches using ETF-linked wallets. Transfers were traced from Coinbase Prime hot wallets, with at least five separate deposits of 10,000 ETH, each valued at around $46 million. There were also smaller transactions, including one for 2,691 ETH.

These movements mark BlackRock’s largest Ethereum purchase this quarter and add to its broader digital asset strategy. The asset manager, which already holds major positions in Bitcoin, now appears to be diversifying further into Ethereum. This accumulation comes just after the company saw success with its Bitcoin ETF product earlier in the year.

While BlackRock has not made a public statement about the specific purpose of the Ethereum purchase, many of the ETH inflows are being linked directly to its ETF activity. Blockchain analytics platforms continue to track ETF-linked wallets tied to the firm.

Ethereum ETFs See Strong Inflows Amid Market Shift

Ethereum spot ETFs have recorded net inflows of $443.91 million, based on data provided by SoSoValue. This recent rise in fund inflows is one of the highest in recent months. The total assets under management in Ethereum spot ETFs have now reached $28.84 billion.

This rise in institutional buying has come after weeks of slow movement and mixed sentiment in the crypto sector. Several funds had earlier reported net outflows, but the recent spike in activity shows a shift in investor behavior. The buying trend appears to be supported by a more stable macroeconomic environment and clearer regulatory signals in the U.S.

A growing number of institutional players are positioning themselves in digital assets, and Ethereum remains one of the primary assets of interest. Market analysts have noted that such consistent inflows could help provide price support for ETH in the near term. ETF products are often used by long-term investors looking for regulated access to crypto markets.

Ethereum Price Climbs Above $4,520 Following Institutional Activity

Ethereum is trading above $4,520, gaining 3.40% in the last 24 hours. It began the trading session around $4,378 and moved higher following large-scale purchases from institutional investors like BlackRock. Data from TradingView shows that Ethereum has risen 4.89% over the past week and over 20.90% in the past month.

Longer-term metrics show that ETH has gained 93.99% over the past six months and 35.91% year-to-date. This price movement appears to track closely with fund flows into Ethereum ETFs and increased institutional demand. “The recent moves by large players suggest a growing view of Ethereum as a long-term asset,” said Tom Lee, chairman of BitMine and head of research at Fundstrat.

Lee also added that Ethereum could reach $5,500 soon and possibly finish 2025 between $10,000 and $12,000, based on current momentum. While such forecasts remain speculative, the direct link between ETF inflows and price movements is being closely monitored. With BlackRock expanding its digital asset exposure, and ETF flows recovering, Ethereum could remain in focus for institutional and retail investors alike.

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