tldr; Fidelity has made a significant investment in Ethereum, purchasing 33,788.82 ETH worth approximately $124 million, bringing its total holdings to 629,202 ETH valued at $2.33 billion. This move reflects a growing institutional appetite for Ethereum, with net inflows into Ethereum ETFs reaching 650,468 ETH in the past week. Other major players like BlackRock and ARK Invest have also expanded their Ethereum positions, highlighting Ethereum’s increasing role as a key institutional-grade asset alongside Bitcoin.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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Only 120 mil? Where’s their confidence?
partymsl on
Once again, its not Fidelity, but their clients that buy it
utilizatoru on
Fidelity just bought 33,000 reasons why ETH isn’t dead
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tldr; Fidelity has made a significant investment in Ethereum, purchasing 33,788.82 ETH worth approximately $124 million, bringing its total holdings to 629,202 ETH valued at $2.33 billion. This move reflects a growing institutional appetite for Ethereum, with net inflows into Ethereum ETFs reaching 650,468 ETH in the past week. Other major players like BlackRock and ARK Invest have also expanded their Ethereum positions, highlighting Ethereum’s increasing role as a key institutional-grade asset alongside Bitcoin.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Only 120 mil? Where’s their confidence?
Once again, its not Fidelity, but their clients that buy it
Fidelity just bought 33,000 reasons why ETH isn’t dead