Ethereum News Today: BlackRock Aggressively Buys 15,000 ETH Daily Driving Market Optimism

BlackRock, the world's largest asset manager, is accumulating Ethereum at an unprecedented pace, sparking widespread speculation and market optimism. On-chain data reveals that the firm is acquiring over 15,000 ETH per day, a rate ten times higher than Ethereum’s daily issuance [1]. This rapid accumulation has drawn attention from crypto analysts and market participants, who interpret the move as a signal of growing institutional confidence in Ethereum’s long-term value [2].

The trend has gained momentum across social media platforms, with crypto observers highlighting the scale and speed of BlackRock’s ETH purchases [3]. This activity aligns with a broader surge in Ethereum-based spot ETF inflows, which have continued to rise even as the price of ETH has dipped below $3,700. Over the past 20 trading days, Ethereum ETFs have recorded a $5.38 billion net inflow [5], while BlackRock’s iShares Ethereum ETF (ETHA) has surpassed $10 billion in assets under management just 251 days after its launch [6].

The growing institutional interest in Ethereum is not limited to BlackRock. Over 64 entities, including publicly traded companies and financial institutions, now hold a combined 2.73 million ETH, valued at $10.49 billion [1]. These figures represent a significant shift in how Ethereum is being treated by traditional finance, with the asset increasingly viewed as a strategic reserve asset, mirroring the path Bitcoin has taken in recent years [1].

Analysts are now forecasting a price target of $4,800 for Ethereum, driven by strong institutional buying, record ETF inflows, and a robust decentralized finance (DeFi) ecosystem [7]. On-chain metrics also remain bullish, with Ethereum recording 680,000 active wallets during the second busiest week of the year and a 38% year-over-year increase in its MVRV ratio [1]. These indicators suggest that Ethereum’s price movement is being fueled by new capital inflows, rather than capital rotation from Bitcoin [1].

BlackRock’s aggressive ETH accumulation underscores the growing legitimacy of cryptocurrencies in the institutional investment landscape. As traditional financial players continue to enter the space, Ethereum may benefit from an expanding base of support, potentially leading to further price appreciation and increased adoption.

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Source:

[1] [ETH treasuries surpass $10 billion across 64 entities, data ...](https://www.theblock.co/post/364989/ethereum-treasuries-surpass-10-billion)

[2] [Data: The total value of ETH treasury reserves of 64 entities ...](https://www.panewslab.com/en/articles/3egakgh9)

[3] [Ethereum treasuries surpass $10 billion in their stockpiles](https://sherwood.news/crypto/ethereum-treasuries-surpass-usd10-billion-in-their-stockpiles/)

[4] [ETH Price Falls, But Ethereum ETFs Keep Breaking Records](https://www.xt.com/en/blog/post/eth-price-falls-but-ethereum-etfs-keep-breaking-records)

[5] [Ethereum ETFs See $5.38B Inflows Amid Price Dip Below ...](https://www.ainvest.com/news/ethereum-news-today-ethereum-etfs-5-38b-inflows-price-dip-3-700-2508/)

[6] [What to Expect After Ethereum Price Rocketing “Like a '90s ...](https://www.thecoinrepublic.com/2025/07/31/what-to-expect-after-ethereum-price-rocketing-like-a-90s-tech-stock-in-july/)

[7] [Ethereum Price Prediction: Blackrock Buying Could Trigger ...](https://coincentral.com/ethereum-price-prediction-blackrock-buying-could-trigger-new-highs-in-august-while-unil-already-up-30-in-july/)

[8] [The ETH Squeeze](https://www.bitcoininsider.org/article/281275/eth-squeeze)