BlackRock
Bitcoin's price surged to all-time highs in 2025, driven by record-breaking Bitcoin ETFs like BlackRock's, which amassed $70 billion rapidly. As Bitcoin reclaims the $90,000 level, crypto investment interest continues to grow, with platforms like Bitlet.app offering innovative ways to buy cryptocurrencies.
On August 6, 2024, Ethereum's price dropped sharply by 26% to $2,116, coinciding with significant ETF activity including notable inflows into BlackRock's Ethereum ETF and outflows from Grayscale's Ethereum Trust, amidst a broader crypto market downturn.
BlackRock's recent $634.6 million Ethereum purchases and the Dencun upgrade boosting network efficiency are driving Ethereum's price outlook to $5,100 by September 2025. Institutional adoption, ETF inflows, and regulatory clarity support this bullish forecast.
BlackRock's iShares Ethereum Trust has achieved a significant milestone by reaching $10 billion in assets under management, making it the third-fastest ETF to do so in U.S. history. This highlights growing institutional interest in Ethereum and crypto investments.
Ethereum ETFs have recorded 11 consecutive weeks of net inflows exceeding $6.4 billion, with BlackRock's ETHA ETF rapidly reaching $10 billion in assets. SharpLink Gaming leads public Ethereum holdings, and the launch of US spot Ethereum ETFs a year ago has spurred growing investor momentum. Institutional enthusiasm is rising, highlighted by a $533.87 million inflow on July 22, while whales are taking profits amid price rallies. Platforms like Bitlet.app now offer convenient ways to invest in Ethereum through installment plans, making crypto exposure accessible to more investors.
In late 2023 and early 2024, major financial players launched Ethereum and Bitcoin ETFs, marking significant milestones in crypto investments. While BlackRock's Bitcoin ETF attracted billions, complexities arose around holding NFTs and tokens within ETFs.
December 2024 witnessed a significant milestone as Bitcoin's price soared to $100,000, spurred by ambitious political promises and institutional support. This new height in Bitcoin's value is seen as a pivotal moment for the cryptocurrency market.