Ethereum News Today: BlackRock boosts Ethereum holdings to $10.47B as ETHA surges to $10B in 251 days

BlackRock’s Ethereum holdings surged to $10.47 billion as of July 24, 2025, reflecting a $1.3 billion increase in a single week. The firm now holds 2,804,226 ETH shares, which constitute 100% of its crypto-related investment weight, with negligible USD cash holdings of $71,937.74. This strategic allocation confirms full exposure to Ethereum, as the notional value matches the market value. The move underscores BlackRock’s confidence in the asset, as it continues to deepen its crypto exposure through direct ETH accumulation without diversification [1].

The rapid growth of BlackRock’s Ethereum exposure is mirrored in its iShares Ethereum ETF (ETHA), which became the third-fastest-growing ETF globally to surpass $10 billion in assets under management within 251 days. ETHA doubled its holdings from $5 billion to $10 billion in just 10 days, outpacing the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), which required 444 days to achieve the same milestone. This surge positions ETHA among the top three fastest-expanding ETFs in history, all of which are tied to spot cryptocurrency markets. Nate Geraci of NovaDius Wealth Management highlighted the significance, noting that few of the 4,400 ETFs launched over the past three decades have matched this velocity [2].

Ethereum’s price action aligns with the ETF momentum, trading near $3,900 within a bullish regression channel. Technical indicators suggest strong but overbought momentum: the 14-day RSI reached 82.07, while the MACD line at 304.46 and signal line at 286.05 indicate sustained upward pressure. The histogram’s positive divergence (current value 18.41) further supports the trend. However, an RSI above 80 has historically coincided with local peaks, as seen during a March 2025 high of 82.17. Price remains above critical support near $2,800, maintaining a constructive outlook for the upper channel [3].

BlackRock’s $1.3 billion weekly addition to Ethereum underscores institutional validation of the asset class, particularly as spot crypto ETFs gain traction. The firm’s decision to allocate entirely to ETH reflects a strategic bet on Ethereum’s market dominance, contrasting with diversified crypto portfolios. Meanwhile, ETHA’s record-breaking growth highlights the broader adoption of crypto-based ETFs, which now dominate the fastest-growing fund categories. The confluence of institutional inflows and technical strength suggests Ethereum’s trajectory remains robust, though traders should monitor overbought conditions for potential corrections.

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