BlackRock purchased about $1.57 billion of Ethereum through its spot ETF products over 20 days, with $1.27 billion acquired through ETHA and $296.5 million through ETHB. ETHB recorded no outflows during the period despite market volatility. The purchases brought BlackRock’s Ethereum holdings to about 3.56 million ETH, valued at approximately $8.69 billion as of Sept. 17, reflecting continued investor demand for Ethereum exposure through its investment products.