BlackRock’s Big Move: Ethereum ETF Sees Huge Growth!
Great news for crypto fans! BlackRock, a major financial giant, has been investing heavily in Ethereum through its iShares Ethereum Trust ETF (ETHA), bringing in an impressive $492 million over the past nine days. This exciting trend, backed by data from Coinbase Prime, shows strong confidence in Ethereum’s future. The ETF launch in July 2024 has been a hit, with ETHA attracting $1 billion in its first month alone, outpacing other competitors like Fidelity and Bitwise. Adding to the buzz, Ethereum co-founder Joseph Lubin has joined SharpLink Gaming with a $425 million investment to boost Ethereum’s treasury, signaling even more positive momentum. This is a fantastic time for Ethereum enthusiasts as big players continue to support its growth! 🚀
