First-ever billion-dollar daily inflow into $ETH just landed.
• BlackRock’s ETHA pulled in $639.8M
• Fidelity’s FETH added $276.9M
• Others combined to push the total to $1.018B
Over the weekend, $SBET and $BMNR — the go-to TradFi “ponzi shops” — were aggressively buying into thin order books.
$BMNR, led by Tom Lee, even doubled MicroStrategy’s trading volume yesterday: $8.6B vs $4.09B.
TradFi has found its new obsession — Ethereum treasuries.
The twist? This isn’t retail FOMO — it’s institutional desks with billions ready to deploy.
If this pace continues, $ETH won’t just be a “tech play” — it’ll turn into a liquidity black hole.