Shocking News: BlackRock’s ETH Hoard Hits 150,000! 💰💥

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In a turn of events that could make even the most stoic of accountants raise an eyebrow, the nine US-listed spot Ether ETFs decided to throw a party on Monday, raking in a staggering $1.02 billion. Yes, you read that right-$1.02 billion! That’s more than enough to buy a small island or at least a very large yacht, assuming you can find one that accepts Ethereum as payment. 🛥️

This monumental inflow marks the highest ever since these financial contraptions were unleashed upon the world in mid-2024, with around 240,000 ETH being hoovered up by institutional investors like a vacuum cleaner on a particularly messy carpet. And if you think that’s impressive, hold onto your hats-this is just the latest in a five-day streak of inflows totaling a jaw-dropping $1.8 billion. Ether ETFs have now amassed a total of $10.8 billion, most of which seems to have materialized out of thin air in the last month. 🪄

In a delightful twist of fate, both BlackRock and Fidelity have set new daily inflow records, as noted by the ever-astute industry expert Nate Geraci, who probably has a crystal ball hidden somewhere.

We have a *new* daily record inflow for spot ETH ETFs…

*$1bil* in new $$$.

First daily inflow over $1bil mark.

New daily record for both iShares & Fidelity ETH ETFs as well.

– Nate Geraci (@NateGeraci) August 12, 2025

BlackRock Takes the Crown

In a display of financial prowess that would make even Midas blush, BlackRock’s ETHA fund saw a record day with a jaw-dropping $640 million inflow, scooping up more than 150,000 ETH. That’s right, folks-BlackRock is now the proud parent of a digital asset portfolio worth more than some small countries. According to CoinGlass, this fund has now surpassed $10 billion in total inflows, most of which have appeared as if by magic over the past month. 🎩✨

Meanwhile, Fidelity’s FETH fund decided to join the fun with a record $277 million inflow, taking in over 65,000 ETH on the same day. Even Grayscale’s mini Ethereum trust managed to scrape together a respectable $66 million. It’s like a financial buffet, and everyone’s piling their plates high! 🍽️

“It feels like spot ETH ETFs were severely underestimated simply because TradFi investors didn’t understand Ethereum,” mused Geraci, who clearly has a knack for stating the obvious. Bitcoin had a “nice clean narrative” as digital gold, but Ether took a bit longer to charm the socks off investors. But now, it seems they’re finally catching on to the idea that Ethereum might just be the “backbone of future financial markets.” Who knew? 🤷‍♂️

As if the universe was in on the joke, this massive ETF inflow coincided with Tom Lee’s Ethereum treasury firm, Bitmine, announcing that it had reached the milestone of accumulating 1 million ETH. Talk about a party trick! 🎉

And just to add a cherry on top, ETH prices surged to an almost four-year high, tapping $4,350 on Monday. It’s a good day to be an Ether enthusiast!

Bitcoin ETFs: The Wallflowers of the Party

Now, let’s not forget about Bitcoin, which seems to be sulking in the corner with an aggregate inflow of just $178 million on Monday-less than Fidelity’s Ether fund. BlackRock’s IBIT fund accounted for most of this, with a modest $138 million in inflows. It’s like the popular kid at school suddenly realizing they’re not as cool as they thought. 😬

Bitcoin funds have seen a four-day consecutive trading inflow streak totaling $950 million, as the asset reclaimed $122,000 on Monday. But alas, BTC has since retreated back to $118,600, which could very well turn today into an outflow day for spot ETFs. It’s a rollercoaster ride, folks-hold on tight! 🎢

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2025-08-12 11:04