- BlackRock holds $3.5 billion in Ethereum (993,591.95 ETH), 0.12% of total supply, ranking the 12th largest holder.
- BlackRock’s Ethereum ETF has seen $1.5 billion in inflows since November, and demand spiked after its July launch.
- Analysts predict ETH could surge 30% in 2025, driven by institutional support and tokenization potential.
BlackRock, a leading global investment management firm, now holds a remarkable $3.5 billion worth of Ethereum (ETH) through its Ethereum-focused exchange-traded fund (ETF), representing 993,591.95 ETH. According to Arkham Intelligence data, this holding represents 0.12% of ETH’s total supply, making BlackRock the 12th largest holder globally.
Ethereum ETF Sees $1.5 Billion Surge in Inflows
The SEC’s approval of BlackRock’s spot Ethereum ETF earlier this year was a game-changer. CEO Larry Fink regards ETH as an asset rather than a currency, aligning with its reputation as a platform for decentralized applications and blockchain innovation. This perspective resonates with institutional investors.
The surge in BlackRock’s ETH holdings signals growing institutional confidence in the asset. At a time when Ethereum’s price reached $3,338, with Bitcoin experiencing significant rallies past the $100,000 mark, the massive inflows into BlackRock’s ETF illustrate the increasing faith institutional investors have in ETH’s long-term prospects.
Recent data highlights a promising trend that BlackRock’s Ethereum ETF has attracted a significant $1.5 billion inflows since November 2024, signaling a revitalization in ETH market sentiment. Over the past 16 days, the ETF has seen unprecedented demand, following a record $1.7 billion inflow since its launch in July. The institutional appetite for ETH underscores the renewed interest in ETH, even as broader market conditions remain volatile.
ETH to Surge by 30% in New Year Rally
Juan Leon, senior investment strategist at Bitwise Asset Management, has also expressed optimism for Ethereum’s future, predicting a major resurgence in 2025. In a recent blog post, Leon highlighted ETH’s potential to capture a significant share of the $100 trillion real-world asset market. According to Leon, ETH’s involvement in tokenization could generate over $100 billion in annual fees, far surpassing its current earnings.
In the face of current market uncertainty, BlackRock’s Ethereum ETF has proven to be a beacon of investor confidence. ETH’s ability to adapt and innovate, combined with increasing institutional support, has paved the way for a potentially explosive 2025. Analysts predict ETH could mirror its 2021 performance, with a possible breakout above its all-time high of $4,800.
ETH’s resurgence is already visible in its price action. Currently, ETH is holding firm above $3,400, and some analyst believes a New Year rally could see ETH surge by 30%. The ETH market is experiencing substantial buying pressure, with investors rotating from Bitcoin and staking large amounts of ETH. Inflows of 59,000 ETH into staking and net outflows of 130,000 ETH from exchanges further fuel the bullish sentiment surrounding ETH.
Related Reading: BlackRock Sees Long Road Ahead for Ethereum ETF Growth
