BlackRock Extends Ethereum Accumulation Streak With Over $492M In Institutional Inflows
The post BlackRock Extends Ethereum Build-up Streak With Over $492M In Institutional Inflows appeared on BitcoinEthereumNews.com. BlackRock adds $492M in ETH over 12 days, pressing holdings to 1.49 M ETH. BlackRock has continued to broaden its Ethereum (ETH) holdings through its iShares Ethereum Trust (ETHA), building up ETH for 9 consecutive trading days. On June 5 alone, BlackRock purchased 27,846 ETH, valued at $73.21 million, bringing its total holdings to roughly 1.49 million ETH.
BlackRock includes $492M in ETH over 12 days, pressing holdings to 1.49 M ETH. 120K+ ETH moved from Coinbase Prime to ETHA wallet, indicating structured accumulation. ETH rate rebounds to $2,488 amid 47% drop in everyday trading volume. BlackRock has continued to broaden its Ethereum (ETH) holdings through its iShares Ethereum Trust (ETHA), building up ETH for 9 consecutive trading days. During this period, the company added over $492 million worth of ETH to the ETF. On June 5 alone, BlackRock purchased 27,846 ETH, valued at $73.21 million, bringing its total holdings to roughly 1.49 million ETH. BLACKROCK HAS BOUGHT ETH FOR 9 DAYS IN A ROW BlackRock’s ETHA ETF has gotten over $492M of inflows in the past 9 consecutive trading days. Good morning Ethereum Bulls. Arkham June 6, 2025 The value of these holdings is currently approximated at $3.93 billion. This sustained buying activity has actually coincided with a major series of big Ethereum transfers from Coinbase Prime, contributing to signs of rising institutional participation. Information captured from a blockchain transaction tracker shows 15 big transfers from Coinbase Prime to a wallet labeled as BlackRock’s ETHA address. These transfers were carried out over several days and ranged between 2,418 and 10,000 ETH per transaction. The biggest single transfer tape-recorded was 10,000 ETH, equivalent to $26.69 million at the time of movement. In overall, the 15 transactions included more than 120,000 ETH, valued at over $300 million. The repetitive frequency and consistent stream of these transfers reveal that they are arranged and prepared. Lots of deals were made in the variety of 9,000 to 10,000 ETH, which indicates the trades were likely prepared, quick or not random ones. The distribution of ETH represents the inflows of ETH specified by BlackRock, proving the business’s openness on the blockchain. It likewise occurs at a time when there is extra attention on Ethereum being used for controlled monetary products. ETH Recovers to $2,480 Level In The Middle Of Minimized Market Activity Ethereum’s market price showed signs of healing, increasing 1.08% to $2,488.56 since the time of composing. The asset reached an intraday high of almost $2,520 before stabilizing above the $2,480 level for most of the day. Ethereum’s market capitalization reached $300.42 billion with little change to the circulating or total supply, which remained at 120.72 million ETH. Inflows from institutional financiers, consisting of BlackRock, led to Ethereum’s price rising, as the company kept adding ETH to its portfolio. When the number of trades decreases, it typically happens when investors are cautious and may be due to existing or upcoming changes in the economy or in regulations. Peter Mwangi is an accomplished crypto news author with over 3 years of experience. He is recognized for producing insightful, well-researched content across major crypto publications. As a specialist in blockchain technology, digital assets, and decentralized finance, he can uniquely simplify complex topics into engaging, accessible stories. His strong storytelling and analytical abilities, combined with a passion for continuous learning and collaboration, make him a valuable asset to the BlockchainReporter team. Source: BlockchainReporter
BlackRock adds $492M in ETH over 12 days, pressing holdings to 1.49 M ETH. BlackRock has continued to broaden its Ethereum (ETH) holdings through its iShares Ethereum Trust (ETHA), accumulating ETH for 9 successive trading days. On June 5 alone, BlackRock acquired 27,846 ETH, valued at $73.21 million, bringing its total holdings to approximately 1.49 million ETH. The distribution of ETH corresponds to the inflows of ETH specified by BlackRock, proving the company’s transparency on the blockchain. Inflows from institutional investors, including BlackRock, led to Ethereum’s price increase as the company kept adding ETH to its portfolio.
