On September 11, iShares Ethereum Trust ETF rose 5.71% in regular trading, trading at $19.585/share, with turnover of $446 million.
On the news front, BlackRock's ETHB purchased $13.9 million worth of ETH on September 10 alone, bringing its cumulative purchases over the past 20 trading days to $251.4 million with zero single-day outflows during the period — a stark contrast to competing products ETHA and Fidelity's FETH, which both recorded outflows over the same timeframe. Meanwhile, Invesco's ETH clients have not made a net sale in nearly six months, marking the longest continuous holding streak among all ETH ETF products.
Supporting the bullish sentiment, derivatives data shows that if ETH breaches $2,568, cumulative short liquidations across major centralized exchanges could reach $942 million. On-chain activity further reinforces buying momentum: a major whale spent 4.82 million USDT to acquire 1,951 ETH at an average cost of $2,469.6, while a separate new address withdrew 2,100 ETH from OKX at an average price of $2,469. Prediction market Polymarket currently prices a 74% probability that ETH will touch $2,600 during the remainder of September.
(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.)