The Ethereum exchange-traded fund market is experiencing unprecedented activity as major financial institutions pour billions into the cryptocurrency. BlackRock leads the charge with a staggering $550 million purchase over just five days, bringing their total holdings to an impressive $17 billion worth of ETH.
BLACKROCK IS BUYING $ETH
FIDELITY IS BUYING $ETH
GRAYSCALE IS BUYING $ETHNOT A SINGLE ETF SOLD $ETH pic.twitter.com/BMJYFYfAQZ
— Arkham (@arkham) August 27, 2025
This buying spree isn’t limited to BlackRock alone. Grayscale and Fidelity have also been actively accumulating, with their positions now valued at $8.3 billion and $3.5 billion, respectively. The combined effect of these purchases has created a remarkable four-day streak of inflows totaling $1.53 billion.
What makes this trend particularly interesting is how it reverses the selling pressure seen just weeks ago. The same institutions that were offloading ETH are now buyers again, suggesting a shift in market sentiment. These ETF providers now control roughly 5.4% of Ethereum’s total supply, demonstrating their growing influence on the market.
Beyond institutional players, whale wallets have been equally aggressive. One notable wallet purchased nearly $3 billion worth of ETH in a single week, while corporate holders like SharpLink added another $24 million to their positions.
This accumulation is paying off as Ethereum’s price recovers to $4,591, posting a solid 6% weekly gain after bouncing from earlier lows near $4,216.
Conclusion
With continued institutional backing and whale accumulation, Ethereum appears well-positioned for potential gains toward the $5,000 target in coming weeks.
Also Read: Ethereum Poised to Surpass Bitcoin in Market Cap
