BlackRock iShares Ethereum Trust: BlackRock Ether ETF AUM Split Holds Steady in Latest Data

Live rooms have spent recent sessions parsing the September 11 numbers on BlackRock’s pair of Ether ETFs and what the gap implies for how investors weigh liquidity against yield.

Current AUM and Turnover Picture

BlackRock’s non-staking iShares Ethereum Trust still held about 8.96 billion dollars in net assets on September 11, 2026, versus roughly 1.05 billion dollars for its staking sibling. Secondary-market turnover that day reached about 1.86 billion dollars for the non-staking product and 61.8 million dollars for the staking version, a roughly 30-fold difference. The staking product distributed 0.036487 dollars per share on September 10, with a 30-day staking rewards rate near 1.52 percent. Net flows on the same date were 148.8 million dollars into the non-staking fund and 18.3 million dollars into the staking fund.

Reader Next Steps

Readers following the sector can track daily turnover alongside AUM releases to gauge whether liquidity preferences remain anchored to the larger fund. Checking CoinGecko spot prices offers context, with Bitcoin near 77,943 dollars, Ether near 2,513 dollars, XRP near 1.40 dollars, Solana near 101.92 dollars, and Dogecoin near 0.08711 dollars as of the September 14 close.

Liquidity Preference in Context

The same preference pattern appears in other corners of digital assets when holders prioritize exit flexibility over incremental yield. Moonbirds collectors, for instance, have at times shown stronger secondary-market depth in the core collection even when alternative mechanics offered additional utility. In both cases the market has so far placed greater weight on the option that preserves the broadest buyer and seller pool.

Yield Signal Remains Secondary

The staking product’s distribution and rewards rate have not yet shifted the broader picture. The non-staking fund continues to post higher creations and markedly higher secondary activity, indicating that many participants still value the established liquidity sleeve. CryptoSlate framed the ongoing test as whether future creation activity in the staking version begins to coincide with redemptions in the non-staking version.

Monitoring the Gap

Participants can review subsequent BlackRock filings and Farside flow reports to see whether the 30-to-1 turnover ratio narrows. Until turnover and AUM metrics show material convergence, the current split offers the clearest read on where Ether ETF demand has settled.