Arkham data: BlackRock buys about $1.57B worth of ETH in 20 days

AI Market Summary

Arkham-tracked flows indicate BlackRock's spot Ethereum ETF products (ETHA/ETHB) accumulated roughly $1.57B of ETH over 20 days, signaling sustained institutional demand and deepening ETF-driven absorption of available liquidity. The scale and persistence of purchases can tighten near-term spot supply dynamics and reinforce ETH's role as a core institutional crypto allocation proxy, with spillover implications for broader crypto risk appetite.

Impact level

● High

Affected assets

ETH/USDT+2.11%

AI Insight · ETH/USDTAI Insight

▲ Bullish

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According to Huo Xing Cai Jing, Arkham monitoring shows BlackRock's spot Ethereum ETF ETHA accumulated roughly $1.27 billion in ETH over the past 20 days. ETHB added another $296.5 million, taking the combined purchases to about $1.57 billion.

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