Ethereum News: BlackRock’s Ethereum ETF Sees $111 Million in Ethereum Purchases Amid Renewed Institutional Demand

BlackRock clients purchased approximately $111 million worth of Ethereum (ETH) on October 22, signaling renewed institutional appetite for the second-largest cryptocurrency as inflows into spot and futures-based ETH ETFs continue to fluctuate.Key Takeaways$111 million in ETH purchased through BlackRock’s Ethereum ETF products on Oct. 22.The move underscores growing institutional adoption of Ethereum following ETF approvals.Flows remain mixed, reflecting shifting sentiment among large-scale investors.Institutional Activity Builds Around EthereumAccording to BlackRock data, clients increased exposure to Ethereum by roughly $111 million in a single day, marking one of the strongest accumulation sessions for the firm’s ETH ETF since launch.The transactions come amid volatile yet sustained institutional engagement, with both inflows and outflows recorded across BlackRock’s Ethereum-linked investment products in recent weeks. The fluctuation highlights how institutional traders are actively repositioning around Ethereum as macro uncertainty and risk sentiment evolve.Ethereum’s Expanding Institutional Use CaseEthereum’s growing role in tokenization, decentralized finance (DeFi), and enterprise blockchain applications has strengthened its appeal among asset managers and corporate treasuries.The approval of both spot and futures Ethereum ETFs in major markets has also expanded access to the asset class, creating new entry points for institutional investors seeking blockchain exposure without direct custody.BlackRock’s ongoing engagement reinforces the view that Ethereum’s institutional adoption curve is accelerating, with ETF participation serving as a key bridge between traditional finance and digital asset markets.