Arkham: BlackRock's ETHB buys $251 million of ETH over 20 sessions

AI Market Summary

Arkham data indicates sustained net inflows into BlackRock's ETHB, totaling about $251.4m in ETH over 20 sessions with no daily outflows. This contrasts with concurrent outflows from ETHA and Fidelity's FETH, implying differentiated demand across spot ETH ETF products. The persistence of ETHB buying can tighten near-term spot supply and support ETH liquidity conditions and sentiment.

Impact level

● Medium

Affected assets

ETH/USDT-0.30%

AI Insight · ETH/USDTAI Insight

▲ Bullish

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Huo Xing Finance reported that Arkham data shows BlackRock's ETHB added $13.9 million worth of ETH on Tuesday. Over the past 20 trading sessions, the fund has accumulated $251.4 million in ETH, with no single-day net outflows during the period. By contrast, ETHA and Fidelity's FETH recorded outflows over the same timeframe.

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