Ethereum News Today: BlackRock Ethereum ETF Crosses $10 Billion AUM as ETH Gains 2.33% on Institutional Backing

BlackRock’s Ethereum Exchange-Traded Fund (ETF) has crossed $10 billion in assets under management, a milestone underscoring growing institutional confidence in the cryptocurrency. This development has reignited speculation about Ethereum’s (ETH) price trajectory, with some analysts suggesting the asset could potentially reach $10,000 by 2025. The ETF’s success reflects a broader shift in traditional finance toward crypto adoption, driven by regulatory clarity and Ethereum’s ongoing upgrades.

Ethereum’s price has shown resilience in recent weeks, trading at $3,825.95—a 2.33% increase in the past 24 hours—while its market capitalization of $461.68 billion secures its position as the second-largest cryptocurrency [3]. However, 24-hour trading volume has dipped by 18.4% to $24.35 billion, indicating a temporary pause in momentum after weeks of optimism. Long-term investors remain cautiously optimistic, pointing to the ETF’s institutional backing as a catalyst for renewed interest in Ethereum-based projects, including Layer 2 solutions and decentralized finance (DeFi) platforms [3].

The ETF’s growth is closely tied to Ethereum’s transition to a proof-of-stake consensus mechanism, which has improved energy efficiency and scalability. These upgrades, combined with regulatory approvals for spot ETFs, have attracted both retail and institutional capital. BlackRock’s product, in particular, has leveraged its reputation as a global asset manager to onboard investors unfamiliar with crypto markets. Analysts note that the ETF’s performance could influence other financial institutions to launch similar products, further deepening liquidity in the Ethereum market and narrowing the gap between spot and futures prices [3].

While the $10,000 price target for Ethereum is frequently cited in speculative forecasts, it remains contingent on macroeconomic conditions, regulatory developments, and broader adoption. According to analyst forecasts, sustained inflows into the ETF could theoretically drive ETH toward this level, but such projections should be approached with caution [3]. Critics argue that market cycles and liquidity constraints may temper these expectations. The ETF’s $10 billion threshold, however, represents a concrete indicator of Ethereum’s institutional credibility, distinct from speculative price predictions.

Source: [3] ["Blackrock Ethereum ETF Crosses $10Bn, How High Can The ..."](https://www.mitrade.com/insights/news/live-news/article-3-991499-20250728)