BlackRock just dropped $57.6 million on $ETH - the biggest asset manager putting serious skin in the game.
This isn’t just a purchase; it’s a clear sign that institutions are warming up to crypto big time.
Expect others to follow — just look at Grayscale’s Ethereum Trust volume jumping 5% to $320 million.
Money is flowing between traditional finance and crypto, opening new trading plays, especially in crypto ETFs and related stocks.
If you’re trading, keep an eye on sentiment and on-chain data. This could spark a shift — maybe even a rotation from ETH into smaller altcoins if the rally holds.
Bottom line: this is a game-changer blending Wall Street with crypto, and it might reshape the market for a long time.
