Ethereum ETFs Hit 4 Million ETH Milestone Driven by Institutional Surge

- Ethereum ETFs hit approximately 4 million ETH milestone amid institutional surge. - BlackRock, Grayscale lead accumulation, signaling confidence despite price stability. Institutional investors have driven Ethereum Exchange Traded Funds (ETFs) to an all-time high, with these ETFs now holding approximately 4 million ETH. This accumulation reflects a surge in confidence, even as the cryptocurrency trades sideways at approximately $2,500. Furthermore, major institutions, such as BlackRock and Grayscale, are actively accumulating this ETH, and their activity suggests a strong belief in a potential Ethereum rally. On June 17, 2025, Cryptopolitan reported that total on-chain holdings of Ethereum ETFs reached approximately 4 million ETH. Prominent funds like BlackRock and Grayscale made noteworthy accumulations during this period. This activity highlights robust institutional interest in Ethereum's potential, even while the price remains stable near $2,500. Ethereum's investment momentum has accelerated noticeably over recent weeks. Indeed, since the end of May, ETF inflows have surpassed those of Bitcoin, approaching $1 billion in monthly accumulation. BlackRock and Grayscale are the principal holders and are showing the fastest rate of new ETH inflows. Notably, Grayscale initiated significant new acquisitions in the past month. This institutional accumulation coincides with Ethereum trading around $2,561.97 and reflects bullish sentiment despite current prices. This trend also accompanies a rise in DeFi activities and stablecoin transfers. Furthermore, both small and large wallet holders are increasing their overall accumulation. Since mid-May, Ethereum ETFs have experienced consistent net daily inflows, marking the longest such streak since March 2024. This sustained influx, occurring during a period of relatively lower prices, underlines continuous market interest and suggests speculative potential for a substantial rally. According to Cryptopolitan on June 17, U.S. spot Ethereum ETFs collectively hold 3.91 million ETH, valued at approximately $10.56 billion. BlackRock's ETHA fund significantly contributes to this total, holding a 41% share. Moreover, during the 19 days leading to June 17, these ETFs recorded over $1.37 billion in net inflows. Despite a minor outflow of $2.1 million on June 13, the overall accumulation momentum remains strong. On June 17, Ethereum traded just above $2,500. Earlier, on June 10, staking balances had hit an all-time high of 34.65 million ETH, and by that point, ETFs had also marked their 15th consecutive day of net inflows, totaling $837 million. As of June 17 at 17:09 UTC, Ethereum (ETH) traded at $2,467.16. According to CoinMarketCap data on June 17, its 24-hour trading volume had decreased by 6.4%.