The Underlying Logic of ETH's Surge: Institutional Fund Flow is Quietly Shifting
Recently, BlackRock's investment in Ethereum (ETH) has surpassed its investment in Bitcoin (BTC)! Specifically, it bought approximately $156 million worth of Ethereum, while the amount spent on Bitcoin during the same period was $125 million.
This signal is very intriguing. It's worth noting that just recently, BlackRock's Bitcoin fund product IBIT was very popular, with the total amount of Bitcoin held exceeding 700,000 coins, making it one of the highly profitable products under its management. But now, it seems to have a greater interest in Ethereum.
Market Reaction: An Innovation High, One in Pursuit
When this news came out, the market also reacted.
Ethereum's price has been rising quite rapidly recently, increasing nearly 6% in a single day, approaching $3,000.
Although Bitcoin's price has also reached a historical high of $113,000, it seems that institutional enthusiasm for Ethereum is warming up.
This is quite interesting; Bitcoin as the 'big brother' remains strong, but Ethereum, the 'little brother,' is attracting more and more attention from major institutions.
Big D's Perspective
To be honest, seeing a giant like BlackRock in the past few months finally let Ethereum surpass Bitcoin in purchase amounts makes me a bit excited. This is definitely not a coincidence! It conveys a clear signal: in the eyes of large, traditional investment institutions, Ethereum is no longer just another 'cryptocurrency.' Its unique value and application prospects are being widely recognized, and it is even beginning to stand on equal footing with Bitcoin.
$ETH The bull market is imminent; don't miss this wave. Follow Big D, a professional team that will help you accurately target swing points, keep pace, and let your assets take off! Big D is steadily doubling down, with low multiples and private domain contracts.#ETH突破3000
