- BlackRock-linked wallets accumulated about $315 million in Ether across several transactions this week.
- US spot Ether ETFs recorded fresh net inflows, reversing a multi-day outflow streak.
BlackRock accumulated roughly $315 million in Ether this week while US spot Ether ETFs registered renewed inflows after days of withdrawals.
On-chain data links BlackRock wallets to approximately $315M of ETH purchases
Blockchain analytics cited by multiple outlets indicate that Arkham-labelled wallets associated with BlackRock executed a series of Ether buys totaling about $314.9 million over the past five days.
The flows were routed via Coinbase Prime and included repeated transfers around 10,000 ETH alongside smaller tranches, according to reporting that references Arkham’s entity tags for the asset manager.
The purchases follow heightened secondary-market activity in Ether and arrive as the iShares Ethereum Trust, BlackRock’s spot Ether vehicle, continues to scale assets. BlackRock lists the fund’s net assets at roughly $16.6 billion as of August 26, underscoring the size of institutional exposure now available through the listed product.
US spot Ether ETFs post sizable daily net inflows after outflow streak
Net flows into US spot Ether ETFs flipped positive late last week, with aggregate inflows of roughly $287.6 million on August 22 snapping a four-day run of outflows. Data providers attribute the reversal to renewed demand for Ether exposure across the largest issuers.
Subsequent prints showed momentum continue, with daily net inflows reported at about $443.9 million on August 25 across the Ether ETF complex. The bounce in primary-market demand coincided with Ether trading above $4,500 intraday.
Market participants framed the on-chain accumulation and ETF subscriptions as related but distinct channels of institutional access. Direct token holdings, which can be monitored via tagged wallets, point to treasury or liquidity management decisions at the issuer level.
Authorized participant creations and redemptions within the ETF wrapper reflect capital flows from end investors who may prefer qualified custody and brokerage settlement. The combination of the two signals a broadening set of balance sheet and portfolio uses for Ether within traditional market infrastructure.
Commentary around price targets also resurfaced alongside the flow data. A widely followed account that tracks Fundstrat’s Tom Lee relayed his view that Ether could advance toward $5,500 in the near term, though such projections remain outside the scope of observed flows and on-chain movements.
Tom Lee just said he thinks Ethereum $ETH could hit $5,500 in the near term and end the year at
$10,000-$12,000 pic.twitter.com/O47ZdSZF3W
— Tom Lee Tracker (@TomLeeTracker) August 26, 2025
At the time of writing, Ethereum is trading at $4,589.38, showing an intraday increase of $175.96, which equates to +3.99% compared to the previous close. The price range for the day lies between $4,397.23 (low) and $4,640.54 (high).
