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"BlackRock Dominates the Ethereum Spot ETF Market"

Source
Son Min

Summary

  • BlackRock's Ethereum (ETH) spot ETF, ETHA, has achieved a market share close to 58%.
  • CryptoQuant stated, "BlackRock's ETHA accounts for 58% of the entire Ethereum ETF market."
  • It was reported that BlackRock currently holds 3,490,450 ETH.

BlackRock's Ethereum (ETH) spot exchange-traded fund (ETF), ETHA, has been found to have a market share close to 58%.

On the 18th (local time), CryptoQuant announced via X (formerly Twitter), "BlackRock's ETHA accounts for 58% of the total Ethereum ETF market," and stated, "Ethereum’s upward momentum has been driven by BlackRock and ETFs."

Meanwhile, according to the data, BlackRock currently holds 3,490,450 ETH.

#ETF
Son Min

Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit

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