BlackRock ETF clients purchase $51M in Ethereum

BlackRock’s spot Ethereum ETF pulled in $50.8 million on September 23, making it the single largest contributor to a day that saw $105 million flow into US spot Ethereum ETFs collectively. The iShares Ethereum Trust (ETHA) has become the gravitational center of institutional Ethereum exposure. Cumulative net inflows into ETHA have now crossed $13 billion. That figure alone accounts for a substantial share of the broader US spot Ethereum ETF sector, which has accumulated net assets exceeding $17 billion. One ETF, half the market ETHA’s $50.8 million haul represented roughly 48% of all spot Ethereum ETF inflows that day. Its Bitcoin ETF, IBIT, followed a similar trajectory: launch, dominate early flows, then become the default allocation vehicle for institutions that want exposure without the headaches of self-custody. The approval of spot Ethereum ETFs in mid-2024 opened the door, but early months were marked by inconsistent flows and periodic outflows. September 2026 appears to mark a return to sustained positive momentum after those earlier rocky stretches. The staking twist In March 2026, BlackRock launched ETHB, a staked Ethereum ETF that gives holders yield on top of price appr...