# BlackRock’s ETH ETF Hits $10 Billion *Author: Bankless* *Published: Jul 24, 2025* *Source: https://www.bankless.com/read/blackrocks-etha-hits-10-billion* --- BlackRock’s iShares Ethereum Trust (ETHA) has surged past $10 billion in assets just 251 days after launch, marking one of the fastest-ever ETF growth trajectories—reflecting massive institutional interest in Ethereum exposure. ### What’s the Scoop? - **Blazing Growth:** ETHA reached $10 billion AUM in just 251 days, making it the third-fastest ETF ever to hit that mark, trailing only BlackRock’s own Bitcoin spot ETF (34 days) and Fidelity’s FBTC (54 days). - **Institutional Inflows:** Ethereum spot ETFs have seen consecutive inflow streaks, with ETHA leading—drawing over $324 million in a single day and contributing to $8.9 billion in cumulative inflows. - **Market Share Leader:** ETHA now holds around 41% of total U.S. spot ETH ETF assets, equivalent to roughly 1.58 million ETH (~$4 billion), positioning BlackRock as the dominant player. - **Yield Ambitions Brewing:** BlackRock has submitted an SEC rule filing to enable ETH staking, aiming to unlock staking yield once regulatory approval arrives. - **Wider Macro Ripple:** The rapid adoption of ETHA underlines growing confidence in Ethereum’s utility beyond store-of-value—supported by staking prospects, DeFi growth, and institutional demand.