Blackrock spot Ethereum ETF pulls in $1.5b ETH since November, ETH set for major rally
Ethereum rallies with $1.5b inflows into BlackRock’s ETF, sparking optimism for altcoins and a potential 2025 market surge.
The market is down, but institutional inflow hasn’t fizzled one bit. This month, Ethereum is making a serious wave, as BlackRock’s Ethereum ETF has recorded a staggering $1.5b in inflow since November. The 16-day streak has revitalized market sentiment, with analysts looking forward to a major New Year’s rally for top altcoins. With technical indicators aligning and institutional adoption accelerating, could 2025 mark the start of a monumental turn for Ethereum and other altcoins?
BlackRock spot Ethereum ETF hits record $1.5b inflows in 16 days.
The Ethereum market has entered a new era of optimism. BlackRock’s spot Ethereum ETF has set the pace for an extraordinary resurgence after recording a staggering 16-day streak culminating in a jaw-dropping $1.5 billion since November 20. This momentum builds on its $1.7b haul since launching in July, showcasing investor appetite for Ethereum.
Ethereum’s post-election rally and the renewed interest in blockchain innovation have revitalized investor sentiment. Notably, Ethereum’s price surged past $4,000 following these record inflows. In fact, BlackRock’s U.S. head of thematic ETFs, Jay Jacobs, thinks the inflow is merely the “tip of the iceberg.”