Ethereum Holds $2000 As BlackRock ETF Buys $18 Million ETH
ETH is holding on to the $2000 price level despite high volatility in the market. According to CoinGeckoČ›s Ethereum data, ETH’s price is in the green zone across nearly all time frames. The asset is up 2.3% in the daily charts, 0.7% in the 14-day charts, 2.8% in the previous month, and 6.4% since March 2025. However, ETH’s price has dipped 2.6% in the last week. Let’s discuss what’s behind Ethereum’s latest push, amid an uptick in BlackRock ETF buys. Source: CoinGecko Is Ethereum Rallying Due To BlackRock ETF Purchases? Source: Pixabay According to Farside Investors, BlackRock purchased $18.8 million worth of Ethereum (ETH) on March 11, 2026. Meanwhile, Fidelity and Grayscale purchased $19.1 million each on the same day. The uptick in ETF inflows may have positively impacted ETH’s price. ETFs have become a key price driver within the crypto space. Bitcoin (BTC) and Ethereum (ETH) hit new all-time highs in 2025 thanks to increased ETF inflows. Source: ...