📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
Ethereum Important Signal: BlackRock ETHA Sets 10 Billion Dollar Record, ETH Spot ETF Inflow Surges
BlackRock's Ethereum (ETH) ETF has become one of the fastest-growing ETFs in history, attracting billions of dollars in funding as investor interest in ETH surges.
BlackRock's Ethereum ETF listed in the United States has officially joined the ranks of the fastest-growing funds in history. According to Bloomberg analyst Eric Balchunas, BlackRock iShares Ethereum Trust (ETHA) currently holds over $10 billion in assets, reaching this milestone in just 251 days.
Only BlackRock's IBIT and Fidelity's FBTC spot Bitcoin ETFs reached this goal faster than it.
It is worth noting that half of ETHA's current assets (5 billion USD) flowed in within just 10 days, a surge that Balchunas likened to a "God candle," which refers to rapid, explosive price fluctuations.
Currently, ETHA has consistently ranked among the top five ETFs in terms of weekly and monthly net inflows, indicating that investor interest is shifting from Bitcoin to Ethereum.
The performance of ETH corroborates this trend. The asset has risen by over 50% in the past week, more than doubling since mid-May. Meanwhile, Bitcoin's 30-day increase is only 24%.
This momentum has also continued to other ETH ETFs, with a total inflow of nearly 4 billion dollars over 14 consecutive days. On July 16, a record was set for the highest daily inflow into ETH ETFs in history, reaching 726.7 million dollars.
The growing popularity of Ethereum is not only reflected in institutional investors. On-chain activity is also heating up, with a daily addition of stablecoins worth 500 million USD, setting a new record of 24.69 million daily transactions.
As Ethereum approaches its tenth anniversary, the price increase, network usage, and adoption rate of ETFs all indicate that this second-largest cryptocurrency will have a bright and rapidly developing future.