Ethereum News Today: BlackRock Boosts Ethereum Holdings by $1.3B to $10.47B as iShares ETF Hits $10B AUM in 251 Days

BlackRock Inc. has significantly increased its Ethereum (ETH) holdings, reaching a total market value of $10.47 billion as of July 24, 2025, according to recent data. This marks a $1.3 billion rise in its Ethereum investments over the previous week, with the firm now allocating 100% of its crypto-related investment weight to the digital asset. The firm’s portfolio includes 2,804,226 ETH shares, representing full exposure to Ethereum with no diversification into other cryptocurrencies or cash reserves. USD cash holdings remain negligible at $71,937.74, underscoring BlackRock’s concentrated bet on Ethereum [1].

The firm’s spot Ethereum ETF, the iShares Ethereum ETF (ETHA), has emerged as a standout in the asset management industry. ETHA achieved $10 billion in assets under management within 251 days, becoming the third-fastest-growing ETF globally. This pace outperforms the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), which required 444 days to reach the same milestone. Bloomberg ETF analyst Eric Balchunas noted that ETHA doubled its assets from $5 billion to $10 billion in just 10 days [2]. The rapid growth positions ETHA alongside two other crypto-focused ETFs as the fastest-expanding products in the sector, reflecting robust institutional demand. Nate Geraci of NovaDius Wealth Management highlighted that this growth is exceptional in the ETF industry, which has seen over 4,400 products launched in the past 30 years [3].

Technical analysis of Ethereum’s price movement aligns with the bullish momentum observed in BlackRock’s holdings. As of July 28, 2025, Ethereum traded near $3,897.98, operating within a rising channel on the daily chart since early 2025. The relative strength index (RSI) hit 82.07, indicating overbought conditions—a level previously associated with market reversals. Meanwhile, the moving average convergence divergence (MACD) stood at 304.46, with the signal line at 286.05, suggesting sustained upward momentum. The histogram value of 18.41 further reinforces positive divergence [4]. Despite the overbought RSI, Ethereum remains above critical support at $2,800, maintaining its position in the upper bounds of the ascending channel.

The confluence of BlackRock’s strategic allocation and technical indicators points to a maturing market for Ethereum. The firm’s decision to concentrate its crypto exposure in ETH, without diversification, signals confidence in the asset’s utility and growth potential. The rapid expansion of ETHA also highlights the growing acceptance of crypto assets in institutional portfolios. However, the overbought RSI suggests caution, as historical patterns indicate potential corrections following such levels. Analysts remain divided on whether this momentum will solidify a long-term bullish trend or lead to short-term volatility.

Source:

[1] [BlackRock ETH Holdings](https://cryptonewsland.com/blackrock-boosts-eth-holdings-to-10-47b-as-pr/)

[2] [X](https://cryptonewsland.com/blackrock-boosts-eth-holdings-to-10-47b-as-pr/)

[3] [X](https://cryptonewsland.com/blackrock-boosts-eth-holdings-to-10-47b-as-pr/)

[4] [TradingView (ETH/USD Analysis)](https://cryptonewsland.com/blackrock-boosts-eth-holdings-to-10-47b-as-pr/)