Recently, the world-renowned asset management company BlackRock announced that its spot Ethereum exchange-traded fund (ETF) named ETHA had successfully surpassed the $1 million trading volume mark just 23 minutes after its listing. This achievement marks an important step for BlackRock in the cryptocurrency market and also demonstrates the interest and confidence of investors in Ethereum as the second-largest cryptocurrency. BlackRock's move not only brings new vitality to the Ethereum ecosystem but also further promotes the acceptance of crypto assets in traditional financial sectors. With more institutional and retail investors participating, it is expected that the trading volume in the cryptocurrency market will continue to grow, injecting more momentum into the industry's development.