💥 Inflow of funds into ETFs fuels the price growth of Ethereum
BlackRock, Fidelity, and Grayscale made large purchases of ETH, totaling around $1 billion.
👉 The leader was the BlackRock ETH ETF (ETHA) with a record inflow of $640 million, followed by Fidelity with $276.9 million and Grayscale with $80 million.
These record inflows pushed the price of Ethereum above $4,600.