As BlackRock prepares for a 1-for-3 reverse share split, its ETHA has fallen by a double-digit percent since its inception via September 18.

BlackRock has recently bought about $1.57 billion worth of ether over the past 20 days through its spot exchange-traded funds, according to a blockchain media report. Arkham Intelligence data showed most purchases came via iShares Ethereum Trust ETF (ETHA), which bought about $1.27 billion worth of ether, while iShares Staking Ethereum Trust ETF (ETHB) saw about $296.5 million in inflows. BlackRock’s ether holdings rose to about 3.56 million ETH, valued at about $8.69 billion.

BlackRock Inc. (NYSE: BLK) has bought cryptocurrency – via its spot exchange-traded funds (ETFs): iShares Bitcoin Trust (IBIT), iShares Ethereum Trust ETF (ETHA

Ethereum faced approximately $74 million in liquidations on September 15 as its price retreated from near $2,600 to around $2,483, returning to the $2…

BlackRock’s $9 billion Ethereum fund still dwarfs its yield-paying rival and trades about 30 times more heavily.

BlackRock's iShares Ethereum Trust ETF saw a $149 million net inflow on September 11, dominating the $216 million total inflows into US spot Ethereum ETFs that day. This brings ETHA's cumulative net inflows to over $13 billion, highlighting BlackRock's leading role in the Ethereum ETF market. The firm also offers a staked Ethereum ETF allowing investors to earn yield without managing crypto keys. However, large inflows also mean potential for significant outflows if market sentiment changes, which could impact Ethereum's price.