BlackRock’s Ethereum ETF Shatters Records: $640M Floods In as Trading Volumes Explode

Wall Street's crypto crush hits new highs as BlackRock's Ethereum ETF becomes the golden goose of digital asset funds.

Record-breaking inflows—$640 million in a single surge—prove institutional money can't resist blockchain's siren song. Trading volumes? Through the roof. Again.

Funny how traditional finance suddenly loves decentralization when there's a 3% management fee attached.

Record trading volumes

Meanwhile, the inflows coincide with record trading activity, signaling increased institutional participation.

Bloomberg ETF analyst Eric Balchunas highlighted that BlackRock’s ETF traded $3 billion on Aug. 13, marking the ETF’s largest single-day volume to date and ranking seventh overall in trading volume across all ETFs and stocks.

This activity level places ETHA in the top 0.1% of all ETFs and stocks, surpassing trading volumes in major institutions like JPMorgan and Berkshire Hathaway.

Geraci added that these figures point to a broader trend that institutional investors are not only increasing exposure to Ethereum but are also relying on regulated ETFs as a primary avenue for participation.