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International Business Times
International Business Times
Business
Marvie Basilan

BlackRock's Crypto Domination Road – Ethereum ETF $ETHA Hits $1B In Cumulative Net Inflows

BlackRock ETF Ethereum Crypto Bitcoin Satoshi Nakamoto Fidelity Grayscale Solana SosoValue
BlackRock has found massive success with its spot Bitcoin ETF, and now it is has hit a new milestone with its spot Ethereum ETF. (Credit: BlackRock ETHA Website/Screenshot)

KEY POINTS

  • Fidelity's $FETH is the closest to $ETHA with $375 million in cumulative net inflows
  • BlackRock's $IBIT also continues to lead other U.S.-listed spot Bitcoin ETFs
  • BlackRock has said it isn't filing for other crypto ETFs anytime soon

Investment management giant BlackRock continues its road to domination in the cryptocurrency exchange-traded funds (ETFs) segment, as on Wednesday it became the first among issuers of spot Ethereum ETFs to reach $1 billion in cumulative net inflows.

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