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      BlackRock ETF Clients Invest $51 Million in Ethereum

      On September 23, 2026, clients of BlackRock's iShares Ethereum Trust (ETHA) invested $50.8 million in Ethereum, marking the largest single-day inflow for US spot Ethereum exchange-traded funds (ETFs). This investment contributed to a total of $105 million that flowed into US spot Ethereum ETFs that day, with ETHA capturing nearly half of that amount. Cumulative net inflows into the trust have now surpassed $13 billion, representing a significant portion of the overall US spot Ethereum ETF market, which has accumulated over $17 billion in net assets.

      The recent surge in investments follows the approval of spot Ethereum ETFs in mid-2024, which initially experienced inconsistent flows. However, September 2026 has shown a return to positive momentum for these funds. BlackRock also launched a staked Ethereum ETF, ETHB, in March 2026, which has not seen any net outflows since its inception, indicating strong interest in yield-bearing crypto products among institutional investors.

      The preference for ETF structures over direct cryptocurrency purchases is driven by several factors, including professional custody, daily net asset value transparency, and compliance with institutional investment mandates. The rapid growth of the US spot Ethereum ETF market, which has emerged since mid-2024, now rivals many established commodity ETF categories, highlighting the increasing institutional interest in cryptocurrency investments.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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