BlackRock leads institutional investors in Ethereum market with 1.2M ETH. ETHA fund records $3.97B inflow. Fidelity, Bitwise, and VanEck follow in rankings.
Investment management company BlackRock has become the largest institutional investor in the Ethereum spot ETF market with over 1.2 million units of Ethereum worth more than $3.19 billion. The company’s ETHA fund has recorded a net inflow of $3.97 billion since its launch. Following BlackRock, Fidelity ranks second with its FETH fund holding approximately 432,750 units of Ethereum valued at around $1.46 billion. Bitwise’s ETHW fund and VanEck’s ETHV fund are next in line with 105,974 and 45,766 units of Ethereum respectively.
