BlackRock’s Ethereum Trust ETF Significantly Boosts Ethereum Holdings in July
In a remarkable move, BlackRock’s Ethereum Trust (ETHA) exchange-traded fund (ETF) has significantly ramped up its Ethereum (ETH) holdings throughout July. This ongoing acquisition strategy highlights the firm’s commitment to increasing its presence in the cryptocurrency market.
Massive Ethereum Acquisition in July
During July, the ETF acquired over 1.25 million ETH, elevating its total holdings to an impressive 3 million ETH. This substantial increase was confirmed in a disclosure dated July 29, 2025. At the beginning of the month, ETHA’s holdings stood at approximately 1,768,770 ETH. Within just four weeks, it amassed an additional 1.25 million ETH, resulting in a 70.7% surge to reach a total of 3,018,770 ETH.
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Soaring Dollar Valuation of Ethereum Holdings
As of July 29, the trust’s Ethereum holdings were valued at $11.36 billion, a significant rise from the $6.63 billion valuation at the start of the month. This substantial increase underscores the trust’s strategic investment in Ethereum.
BlackRock’s Ethereum Acquisitions Outpace Bitcoin Investments
Remarkably, BlackRock, the world’s leading investment management firm, has demonstrated a preference for Ethereum over Bitcoin (BTC) in its recent investment activities. According to reports by Finbold, between July 22 and July 28, the asset manager invested over $1.2 billion in Ethereum, which is more than four times its $267 million investment in Bitcoin during the same timeframe.
On-chain data reveals significant inflows, including multiple 10,000 ETH transfers from Coinbase Prime and a substantial single transaction of 177,500 ETH valued at $655.9 million. These transactions are indicative of BlackRock’s influential role in the growing institutional interest in Ethereum.
Ethereum’s Market Performance and Future Prospects
BlackRock’s investments have contributed to Ethereum’s robust market performance, pushing it towards crucial resistance levels. In recent weeks, Ethereum has shown remarkable strength, rallying from below $2,000 to approach the $4,000 mark. At the time of writing, ETH was trading at $3,806, marking a 1% increase over the past 24 hours and a 4.3% gain over the past week.
With Ethereum breaking through the $3,800 resistance level, the cryptocurrency appears poised to test the $4,000 mark, provided the current momentum continues. This bullish trend reflects the growing confidence and interest in Ethereum from institutional investors like BlackRock.
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