The unprecedented 10-day doubling from $5B to $10B represents the fastest wealth transfer into a decentralized digital asset system in history. This acceleration surpasses even Bitcoin ETF growth rates, suggesting institutional investors are specifically targeting Ethereum's smart contract capabilities - a crucial distinction as prophecy warns of a coming cashless system built on programmable money.
BlackRock ETH Fund Hits $10B: Digital Babylon's Financial Surge
📰 What Happened
BlackRock's iShares Ethereum Trust (ETHA) has accumulated $10 billion in assets under management within its first year, making it the third-fastest ETF to reach this milestone in US history. The fund doubled from $5B to $10B in just 10 days, with Ethereum ETFs collectively drawing nearly $5B in monthly inflows. A single day in July saw $602 million in net injections, highlighting accelerating institutional adoption of cryptocurrency investments.
📖 Prophetic Significance
The rapid rise of Ethereum-based financial instruments in traditional markets points to modern Babylon's digital transformation. BlackRock's $10B benchmark and the massive $602M single-day inflow demonstrate unprecedented institutional embrace of programmable money systems. This aligns with Revelation's portrayal of Babylon as a global economic power controlling all buying and selling. Ethereum's smart contract capability, now backed by the world's largest asset manager, provides the exact infrastructure needed for implementing granular financial controls prophesied in Revelation 13.