BlackRock, the world’s largest asset supervisor, has continued to double down on its Ethereum holdings, and it won’t relent anytime quickly, as information from on-chain analytics platform Lookonchain exhibits it has greater than doubled its ETH positions in simply 23 days.
The information exhibits that BlackRock has acquired a large 1,035,653 Ethereum value over $3,760,000,000 since July 1, 2025. This has pushed the agency’s complete ETH holdings to an enormous 2.8 million ETH value $10.22 billion per ETH’s present worth.
July: Ethereum’s institutional FOMO month?
With Ethereum breaking the main $3,500 mark, all eyes have been on the second-largest cryptocurrency by market capitalization, as demand for the cryptocurrency continues to develop. This aggressive accumulation pattern from BlackRock indicators rising institutional demand for Ethereum-based merchandise.
Aside from BlackRock, the bullish pattern spans throughout the broad U.S. spot ETH ETFs, as main crypto influencer Matt Hougan shared earlier at present that every one spot Ethereum ETFs have gathered a large $4.4 billion in July alone.
ETH ETF Flows
July 2024 – June 2025: $4.2 billion
July 2025: $4.4 billion
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— Matt Hougan (@Matt_Hougan) July 24, 2025
Whereas July has seen institutional buyers wager considerably on Ethereum, the full ETH gathered in July by way of the Ethereum-based funding product has surpassed your complete tokens achieved within the earlier 12 months, which stands at $4.2 million.
This dramatic improve in Ethereum purchase actions from establishments has sparked market reactions, with many tagging July because the institutional FOMO month for Ethereum. The aggressive purchase pattern seems to have been spurred by the bullish indicators flagged by the token through the month, as ETH was seen attaining a multi-month excessive of $3,817 on July 21. Notably, Ethereum has surged by a large 53.69% in its buying and selling worth during the last month, in response to information from CoinMarketCap.
Market members have raised debates that July may need been a “FOMO catch-up month” for Ethereum buyers who had been reluctant to accumulate the token or have been cautious with their Ethereum investments. Therefore, many institutional buyers who have been underweight on Ethereum are greater than prepared to construct positions earlier than costs climb additional.