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06/10 17:23

BlackRock Ethereum ETF Hits 11-Day Inflow Streak,

BlackRock Ethereum ETF Hits 11-Day Inflow Streak, Is ETH ETF Staking Approval In Sight?

BlackRock Ethereum ETF (ETHA) has already clocked $284 million inflow in first week of June, as analysts raise optimism for staking approval.
  • BlackRock Ethereum ETF is close to the milestone of $5 billion inflows since inception.
  • Its assets under management stand at $3.9 billion, with ETH holdings of 1.1513 million.
  • ETHA shares have rebounded strongly from last week's selling pressure, rising from $18 to $20.38 in pre-market trading.
  • Analysts speculate that BlackRock's recent inflows signal growing confidence in the potential approval of staking for Ether ETFs

BlackRock Ethereum ETF (ETHA) has been dominating the spot ETF inflows while registering an 11-day inflow streak. So far in June, ETHA has already seen more than $280 million in inflows, with total flow approaching $5 billion since inception. Speculation is growing that this surge in ETHA inflows suggests that we could be getting closer to approval of staking for Ether ETFs.1749576213498.png


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