BlackRock’s staked Ethereum ETF has now recorded around 20 straight trading days of inflows, adding roughly $251M worth of $ETH during that streak. That is a pretty strong signal of growing institutional interest in Ethereum. For me, the bigger story here is Wall Street starting to build a much stronger ETH position alongside $BTC. Bitcoin remains the main institutional crypto allocation by size. BlackRock’s Bitcoin ETF holds far more assets and has attracted much larger cumulative flows. Ethereum brings a different angle. With $BTC, institutions get exposure to a scarce digital asset with a strong store-of-value narrative. With $ETH, they also get exposure to staking, stablecoins, tokenization, DeFi and a large part of onchain financial activity. The staked ETH product makes that even more interesting because investors can combine price exposure with staking yield. There is another important detail here. BlackRock mainly buys ETH for the fund as client money flows into the ETF. So a 20-day streak tells us that investor demand has stayed consistent for almost a full month. That is what catches my attention. $BTC already has a huge institutional lead. $ETH now looks like it is building its own lane, especially for investors interested in yield and blockchain infrastructure. If this trend continues, Wall Street could end up treating BTC and ETH as two very different parts of the same crypto allocation.