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BlackRock’s iShares Ethereum Trust has raced past a major mark. It now holds $10 billion in assets, just one year after launch. That pace makes it the fastest non‑Bitcoin ETF to hit that level and the third‑fastest ETF overall in US history.
Ethereum Fund Hits 10 Billion AUM
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ETHA’s rapid popularity also may lead to more competition. Other issuers will be watching closely to see if staking approval gives ETHA a leg up on the competition.
Lower cost fees or competing custodians may change their offerings to remain competitive. Investors will be comparing fee schedules, custodial arrangements, and staking opportunities as they place their Ether.
LOOK OUT: $ETHA just hit
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