BlackRock’s iShares Ethereum Trust (ETHA) just hit a whopping $10B in assets in only 251 days, making it the third-fastest ETF to hit that milestone.
What’s even more impressive is that $5B of that was raised in just 10 days, making the fund the quickest to have jumped from $5B to $10B in history.
Such a surge signals massive institutional interest in Ethereum, fueled by price gains, US regulatory clarity, and growing stablecoin adoption.
It also drives fresh demand for all projects building on the Ethereum network, including high-utility ERC-20 tokens like Snorter Token ($SNORT).
ETH ETFs Rise, $ETH Almost Doubles in One Month
The rise in BlackRock’s ETHA seems to be driving a dramatic rally in $ETH’s price. It’s now valued at just over $3.7K, up by more than double compared to April.
While the relationship between ETF inflows and $ETH’s price movement is complex, Bloomberg’s Eric Balchunas says that ‘They feed off each other, but it’s not one for one. It’s a chicken or egg question.’
And Ethereum ETFs are taking off. Between July 7 and July 24, 2025, US-listed Ethereum ETFs saw a total of $9.9B in net inflows, according to Farside Investors.
The surge was driven by strong demand for low-fee offerings from BlackRock and Fidelity, which generated $8.9B and $2.3B, respectively.
The broader environment is also boosting interest in $ETH, with the passing of the stablecoin bill (GENIUS Act) significantly boosting Web3’s overall outlook.
Ethereum stands to benefit the most. This is because it dominates all other networks when it comes to stablecoin activity, and with a whopping $80.958B total value locked (TVL), it holds 59.65% of the total market share. It’s supported by a massive $132.366B stablecoin market cap and USDT (an Ethereum-based stablecoin pegged to the US dollar), which makes up 50.96% of the market.
In comparison, Solana – the second-largest – has $9.739B in TVL, highlighting that no other network come close to Ethereum’s usage, engagement, and financial throughput.
As institutional capital flows into $ETH and Ethereum continues to lead in TVL, stablecoin dominance, and on-chain activity, the demand for tools that simplify and speed up on-chain trading is bound to explode.
This is precisely the moment that $SNORT’s Telegram trading assistant – Snorter Bot – was built for.
Snorter Bot to Simplify Crypto Trading
Imagine being able to trade, snipe, and manage $ETH among other tokens directly on the world’s fourth-largest messaging app with no browser or extensions needed. Well, that’s precisely what Snorter Bot promises to deliver in Q3 2025.
Once live, you’ll be able to buy and sell tokens instantly, set stop-losses, track portfolio performance, and mirror trades in one user-friendly interface.
Built for speed and cost-efficiency, it aims to outperform competitors with the fastest execution on Solana and ultra-low fees of just 0.85% for token holders. This percentage is significantly lower than bots like Maestro, BonkBot, and Trojan, which typically charge 1% or more.
Initially, it’ll launch on Solana, with integration on Ethereum and BNB Chain already in the final stages of development. Then, it’ll expand to other EVM-compatible chains – including Polygon and Base – as part of its ongoing, ambitious roadmap.
This multi-chain utility alone is a major benefit. It’ll give you one fast, unified tool to trade across top networks without having to switch wallets and juggle settings.
And it will all be achieved while maintaining top-tier security. Snorter Bot is being built with a private RPC infrastructure, MEV protection, and scam-detection tools, including honeypot and rug pull filters.
Such security protocols have never been more critical. Rug pulls alone made up 68% of all crypto-related scams in Q1 2025.
$SNORT is the gateway to maximizing the ecosystem’s benefits. It removes sniping limits, offers access to advanced analytics and tools, and will grant voting rights in its upcoming DAO.
It’s staking friendly, too. After buying the coin, you can stake it at a sizable 173% APY. The sooner you do so, the more you’ll earn, as this rate will drop as more users enter the pool.
It’s no wonder that $SNORT has already surpassed $2.3M on presale, backed by major whale investors who have contributed $40K, $10.8K, and $10K.
$SNORT Eyes 605% Gains as $ETH Soars
BlackRock’s $10B Ethereum ETF shows just how strong institutional interest in Ethereum has become. As $ETH continues to skyrocket and Ethereum network activity surges, the desire for fast and secure trading tools is rising just as quickly.
This is precisely where Snorter Bot comes into its own. Not only will it track $ETH’s future trajectory in real-time, but also other major coins. By doing so, it’ll give you a leg up in the trading arena while the market continues to boom.
This isn’t investment advice. Always DYOR and never invest more than you’re willing to lose.
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
