BlackRock's iShares Ethereum Trust (ETHA) has reached $10 billion in assets, achieving this milestone faster than all but two ETFs in the industry's history. It took only 251 days for ETHA to climb to this figure, much shorter than the iShares Bitcoin Trust and Fidelity Wise Origin Bitcoin Fund, which reached $10 billion in assets in 34 and 53 days, respectively. The ETF experienced dramatic growth recently, adding $5 billion over a span of just ten days, driven by robust market inflows and a surge in Ethereum's price, which saw significant increases. Analysts noted the interplay between price and inflows, suggesting that while they influence each other, the relationship isn't entirely causal. BlackRock's achievement indicates a growing appetite for Ethereum investments, particularly as the environment for digital assets has improved under current regulatory frameworks. The increased interest in Ethereum's ETFs follows the recent successes of Bitcoin products, signaling a potential shift in investor focus towards Ethereum, which has been facilitated by legislative support favoring the crypto sector.

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