BlackRock purchased 108,718 ETH worth $300Million now holding ~2,000,000 Ethereum

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BlackRock purchased 108,718 ETH worth $300Million now holding ~2,000,000 Ethereum

BlackRock purchased 108,718 ETH worth $300Million now holding ~2,000,000 Ethereum

The BlackRock Ethereum ETF (ETHA) has reached a significant milestone, acquiring 106,827 ETH worth $300 million on July 10.

This purchase has led to a total of 2 million ETH held by the ETF, with net inflows exceeding $6 billion since inception. The ETF's share price has also seen a surge, jumping 5% to $22.5, with record trading volumes above $800 million for two consecutive days.

submitted by /u/CriticalCobraz
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