On August 19, iShares Ethereum Trust ETF rose 5.3% in regular trading, trading at $15.225/share, with turnover of $374 million.
The rally was driven by Q2 13F filings revealing dramatic increases in ETHA holdings by major Wall Street institutions. Morgan Stanley increased its ETHA position approximately 202% to 4.6 million shares, JPMorgan raised holdings approximately 338% to nearly 1.17 million shares, and Bank of America expanded its ETHA position from roughly 67,500 shares to approximately 1.98 million shares — a nearly 29-fold increase. By underlying crypto asset exposure, Morgan Stanley's ETH allocation grew 18.6% quarter-over-quarter while JPMorgan's surged 67.3%, both significantly outpacing their respective BTC exposure growth rates.
Supporting the broader crypto ETF recovery, Bitcoin ETFs recorded a single-day net inflow of approximately $297.56 million, with BlackRock and Fidelity leading the reversal. The institutional accumulation occurred despite Q2 Ethereum ETF aggregate net outflows of approximately $714 million, suggesting banks are positioning for longer-term appreciation rather than following short-term flow trends.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)