Ethereum’s Shocking Triumph: BlackRock Tokenizes $150B Fund

The Unbelievable Reality

And yet, despite Ethereum’s triumphs, the price of ETH still lingers at bear market depths. It hovers below $1,800, much like a weary traveler lost in the desert. Yes, ETH remains 63% below its glorious 2021 peak. And though it has fallen almost 50% this year alone, analysts continue to whisper—“Soon, it will hit five figures!” How many times must we hear this mantra before we believe it? But institutions, those inscrutable creatures of habit, are still snatching up ETH, with BlackRock’s spot ETH ETF (ETHA) now holding a whopping $162 million worth of the asset.

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2025-04-30 08:56