BlackRock’s Ethereum ETF (ETHA) Smashes Records: $10B AUM in Lightning Speed

Wall Street meets Web3—and the marriage is explosive. BlackRock's ETHA, the first spot Ethereum ETF, just crossed $10 billion in assets under management faster than a DeFi degens swaps tokens. The institutional floodgates are officially open.

Why TradFi Can't Resist Crypto's Siren Song

Forget 'slow money.' ETHA's blistering growth proves even suit-and-tie investors now chase alpha in the Ether. BlackRock's move? A hedge against their own obsolescence as blockchain eats traditional custody.

The Fine Print (Because There Always Is)

That 0.75% management fee isn't going to win over the 'not your keys, not your crypto' crowd. But for pension funds playing catch-up? A small price to pay for exposure without the headache of self-custody.

One thing's clear: When the world's largest asset manager pivots to crypto, the 'it's a fad' narrative collapses faster than a leveraged long on a 10% dip.