{"id":17371,"date":"2024-09-29T15:46:14","date_gmt":"2024-09-29T12:46:14","guid":{"rendered":"https:\/\/forklog.com\/en\/blackrocks-spot-ethereum-etf-surpasses-1-billion-in-assets\/"},"modified":"2024-09-29T15:46:14","modified_gmt":"2024-09-29T12:46:14","slug":"blackrocks-spot-ethereum-etf-surpasses-1-billion-in-assets","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blackrocks-spot-ethereum-etf-surpasses-1-billion-in-assets\/","title":{"rendered":"BlackRock&#8217;s Spot Ethereum ETF Surpasses $1 Billion in Assets"},"content":{"rendered":"<p>Just two months after its <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-spot-etfs-debut-with-1-billion-trading-volume\">launch<\/a>, the asset value of BlackRock&#8217;s spot exchange-traded Ethereum fund has exceeded $1 billion.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">iShares Ethereum ETF eclipses $1bil in assets\u2026<\/p>\n<p>Now in top 20% of all 3,700+ ETFs.<\/p>\n<p>Did this is 2 months. <a href=\"https:\/\/t.co\/iRWaxkjZxl\">pic.twitter.com\/iRWaxkjZxl<\/a><\/p>\n<p>\u2014 Nate Geraci (@NateGeraci) <a href=\"https:\/\/twitter.com\/NateGeraci\/status\/1840036803404800018?ref_src=twsrc%5Etfw\">September 28, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Nate Geraci, president of The ETF Store, this achievement places the investment product in the top 20% of over 3,700 ETFs available in the US market.<\/p>\n<p>The past week marked only the second with a net positive inflow into ETH funds. According to <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-eth-spot\">SoSoValue<\/a>, total inflows amounted to $84.5 million, with $58.7 million occurring on Friday.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"320\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/SoSoValue-Advanced-AI-Powered-Crypto-Investment-Research-Platform-Google-Chrome-1-1024x320.jpg\" alt=\"SoSoValue-Advanced-AI-Powered-Crypto-Investment-Research-Platform-Google-Chrome-1\" class=\"wp-image-242184\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/SoSoValue-Advanced-AI-Powered-Crypto-Investment-Research-Platform-Google-Chrome-1-1024x320.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/SoSoValue-Advanced-AI-Powered-Crypto-Investment-Research-Platform-Google-Chrome-1-300x94.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/SoSoValue-Advanced-AI-Powered-Crypto-Investment-Research-Platform-Google-Chrome-1-768x240.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/SoSoValue-Advanced-AI-Powered-Crypto-Investment-Research-Platform-Google-Chrome-1.jpg 1503w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>The period began with a record outflow of $79.2 million, the highest since July.<\/p>\n<p>By the end of the week, BlackRock&#8217;s ETHA approached the asset value of Grayscale&#8217;s Ethereum Mini Trust (ETH).<\/p>\n<p>Both funds significantly trail the Grayscale Ethereum Trust (ETHE), which holds $4.5 billion in assets. However, the structure continues to lose volume, with net outflows reaching $2.9 billion since the trust&#8217;s conversion to an ETF.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/SoSoValue-Advanced-AI-Powered-Crypto-Investment-R.webp\" alt=\"SoSoValue-Advanced-AI-Powered-Crypto-Investment-R\" class=\"wp-image-242185\"\/><figcaption class=\"wp-element-caption\">Data: SoSoValue.<\/figcaption><\/figure>\n<p>The <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> has postponed its decision on the approval of listing options based on spot Ethereum ETFs from BlackRock, Bitwise, and Grayscale until November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just two months after its launch, the asset value of BlackRock&#8217;s spot exchange-traded Ethereum fund has exceeded $1 billion. iShares Ethereum ETF eclipses $1bil in assets\u2026 Now in top 20% of all 3,700+ ETFs. Did this is 2 months. pic.twitter.com\/iRWaxkjZxl \u2014 Nate Geraci (@NateGeraci) September 28, 2024 According to Nate Geraci, president of The ETF [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[865,569],"class_list":["post-17371","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blackrock","tag-etf"],"aioseo_notices":[],"amp_enabled":true,"views":"8","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=17371"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/17370"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=17371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=17371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=17371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}