BlackRock’s iShares Ethereum ETF (IBIT) hits $1 billion in assets under management

On September 27, 2024, BlackRock’s iShares Ethereum ETF has surpassed $1 billion in assets. Ethereum has a market cap of $320 million

This milestone was achieved in just two months, reflecting strong investor interest and confidence in Ethereum. The ETF has seen significant inflows, even amid fluctuations in ETH prices. 

www.tradingview.com/markets/etfs/funds-ethereum/