BlackRock Adds $1.57B ETH as ETFs See Strong Demand
Ethereum (ETH)
Editor:
Eugene Serbin
Cryptocurrency.com.tr reports that BlackRock has spent the past 20 days increasing its Ethereum holdings at a pace that places it among the largest institutional holders of the token. According to data published by Arkham Intelligence, the asset manager acquired over $1.57 billion in ETH through its two exchange-traded funds dedicated to this asset. BlackRock bought $1.27B of ETH through ETHA over the past 20 days, and another $296.5M through ETHB. The outlet notes that ETHB has not seen a single day of outflows in that time.
How the market reacted
Whalio's own Binance spot order flow for ETH, measured when this story was written up on 17 September 2026. Not the outlet's figures.
Whalio spot data for Ethereum shows a price of $2,418.26 with a 1-hour buy ratio of 35.3%, which is lower than the 4-hour ratio of 52.6% and the 24-hour ratio of 48.5%. This indicates that buying pressure is currently fading in the short term compared to the broader recent trend. The 1-hour volume delta is negative at -$4,985,332, meaning more volume was sold than bought in the last hour. However, the 4-hour volume delta is positive at +$11,382,435, showing that net buying has outweighed selling over the last four hours. The 24-hour CVD closed at +$4,404,333, confirming that net buying has dominated the full day despite the recent dip in immediate aggression.
The latest daily buy ratio of 46.8% sits at the 16th percentile of the last 322 days, against a median of 49.5% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for ETH, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 48.0%, while the latest day saw a ratio of 48.6%, which is 0.6 points above the average. This suggests the current day is slightly more bullish than the weekly norm, though volume was only 0.88x the average. The weekly volume delta total was -$241,931,117, contrasting with the positive 24-hour CVD of +$4,404,333. Only 2 of 7 days showed net buying during the week, and the price changed -2.0% over 8 days. This makes the current day an unusual outlier of net buying amidst a generally bearish weekly flow.