Explosive Growth! BlackRock's Ethereum ETF Market Value Exceeds $3.5 Billion, Holdings Close to 930,000 ETH
According to the latest data from BlackRock, as of December 11, the Ethereum holdings of the iShares Ethereum Trust ETF have reached 929056.1186 ETH, with a market value surpassing $3.5 billion, approximately $3,553,946,242.34. This move not only reflects the continuous favor of institutional investors towards Ethereum but also demonstrates the gradual acceptance and trust of traditional finance in crypto assets.
As one of the world's largest asset management companies, BlackRock's holdings are undoubtedly a highlight in the crypto market, indicating that Ethereum's share in institutional portfolios may further increase. With the Ethereum network upgrade and the continuous expansion of the decentralized finance (DeFi) ecosystem, its market performance in the future is worth looking forward to.
This also indicates that in the channels of the crypto market, institutional funds have become an important force driving price increases and market depth. If you have a higher interest in market trends, come follow Mr. Qiu, and together we will provide in-depth interpretations of the ever-changing crypto world!
