tldr; BlackRock, Fidelity, and Grayscale collectively purchased over $1 billion worth of Ethereum in a single day, marking one of the largest inflows since Ethereum ETFs launched. BlackRock led with $639.8 million, followed by Fidelity’s $276.9 million and Grayscale’s $80 million. Total Ethereum ETF inflows reached $1.54 billion between August 11-12. Institutional interest is driving Ethereum closer to its all-time high, while retail sentiment remains cautious. Google search interest in Ethereum has surged 1,900% recently.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
DryMyBottom on
they are gonna send it to the moon, aren’t they
degen5ace on
Aren’t they just buying on behalf of the investors?
Beastmister_ on
That’s a lot
gamefidelio on
Smart moves.
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tldr; BlackRock, Fidelity, and Grayscale collectively purchased over $1 billion worth of Ethereum in a single day, marking one of the largest inflows since Ethereum ETFs launched. BlackRock led with $639.8 million, followed by Fidelity’s $276.9 million and Grayscale’s $80 million. Total Ethereum ETF inflows reached $1.54 billion between August 11-12. Institutional interest is driving Ethereum closer to its all-time high, while retail sentiment remains cautious. Google search interest in Ethereum has surged 1,900% recently.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
they are gonna send it to the moon, aren’t they
Aren’t they just buying on behalf of the investors?
That’s a lot
Smart moves.