#NasdaqETFUpdate
đ° Metalpha heavily invests in Ethereum!
The company Metalpha, listed on Nasdaq, has just purchased 18,000 ETH for $48.45 million via Binance. A strategic move that shows its growing interest in crypto assets.
But that's not all: Metalpha now holds over 48,000 stETH, worth approximately $133.5 million. These funds are not sitting idle: they are being used in lending (crypto loans) via Aave, Treehouse, and Spark, three major platforms in decentralized finance (DeFi).
âĄïž Further proof that traditional big players are seriously betting on blockchain and the passive income it can generate!