According to data from the SOSovalue platform, BlackRock, the world’s largest asset manager, took a significant step when he bought $52.8 million of Ethereum (ETF) through the Stock Market (ETF) Citation Fund (ETF).
That operation is reinforced Institutional interest rises From mid-May, we can observe the following graphs extracted from the same source by Ethereum.
Etha is a way to enable investors to obtain exposure to ETH prices that doesn’t require them to directly acquire or manage it.
Meanwhile, BlackRock makes these purchases to support the fund’s funds and meet the demand for investors to acquire ETHA shares. Each ETF action represents a portion of the ether that the background has.
BlackRock’s acquisition of ETH corresponds to the need to maintain a balance between the issued shares and the underlying value of the fund, ensuring that the ETF price matches the market ether price.
Etherum ETF flows upward trend
The purchases made by BlackRock reveal a significant increase in net tickets for the US Ether Stock Exchange in the week of May 19th.
During that period, accumulated revenue for these financial instruments reached almost $250 million. The best weekly numbers since the beginning of Februarywhen more than $400 million was in stock.
Additionally, from May 15th to the present, the US Ethereum ETF has strengthened its institutional interest in ether and has registered consecutive positive net tickets.
So far, since the fifth month of this year, these ETFs have been captured. Almost $280 millionAccording to Sosovalue, it’s the highest monthly figure since December 2024.
At the end of this article, Ether prices are around $2,500 after not controlling A key resistance of $2,700according to TrainingView.
This barrier has stopped the impulse of bundles of ETH, but the positive trend in ETF flows in that token could serve as a catalyst for increasing demand for assets.
If flows to ETFs continue to grow and macroeconomic conditions such as commercial policies promoted by rates proposed by US President Donald Trump support a favorable investment environment, ETH can find the impulses they need to break that resistance.