First billion-dollar daily inflow into $ETH just hit
• BlackRock’s ETHA pulled in +$639.8M
• Fidelity’s FETH added +$276.9M
• The rest of the pack brought the total to +$1.018B
Over the weekend, $SBET and $BMNR, the TradFi ponzi shops of choice, were buying aggressively into empty order books.
$BMNR, run by Tom Lee, even doubled MicroStrategy’s trading volume yesterday: $8.6B vs $4.09B
TradFi has picked its new toy, and right now it’s speculating on Ethereum treasuries.
The difference this time? These aren’t degens - they’re desks with billions to burn.
If the flows keep up, $ETH stops being a “tech trade” and starts acting like a liquidity black hole.
