BlackRock holds 3.49 million ETH, accounting for 58.03% of all Ethereum ETFs

According to CryptoQuant data, BlackRock currently holds 3.49 million ETH, and its Ethereum ETF (ETHA) accounts for 58.03% of all Ethereum ETFs, making it a dominant force in the market. Analysis indicates that Ethereum's recent upward momentum is clearly driven by ETFs, and BlackRock's market dominance further consolidates this trend.