BlackRock ETF clients buy $15M worth of Ethereum

BlackRock’s iShares Ethereum Trust, known by its ticker ETHA, pulled in $15.35 million in net inflows on September 28. That translates to roughly 5,730 ETH scooped up in a single day through the world’s largest asset manager’s regulated vehicle.

A strong week in a strong month

The September 28 inflow came on the heels of a week where US spot Ethereum ETFs collectively attracted approximately $690 million in net capital. ETHA alone accounted for $326 million of that weekly haul, nearly half the total across all competing products.

By the end of September 2026, ETHA’s cumulative net inflows had crossed the $13 billion mark. For a product that didn’t exist before July 2024, accumulating that kind of capital in roughly two years is a pace that most fund launches can only dream about.

The broader Ethereum spot ETF category has reached assets under management of approximately $17.78 billion. ETHA commands the lion’s share of that figure.

The staking variant quietly outperforms expectations

BlackRock hasn’t stopped at plain-vanilla ETH exposure. The firm launched the iShares Staked Ethereum Trust ETF, ticker ETHB, back in March 2026. That product offers investors exposure to Ethereum’s staking yield on top of price appreciation, essentially letting traditional investors earn the network’s consensus rewards without running a validator node.

ETHB has posted a remarkable record since launch: zero outflow days. Not a single session where more money left the fund than entered it.

Together, ETHA and ETHB represent about 5.4% of Ethereum’s overall market capitalization as of late September 2026.

Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.