🚨 Wall Street’s Ethereum Hunger Hits New Heights

🗓 On August 13, the world’s biggest asset managers went on an Ethereum buying spree — and the numbers are staggering:

🔹 BlackRock Ether ETF (ETHA)

◾️ +105,900 $ETH in a single day

◾️ 7th day of 100K+ ETH inflows since launch

◾️ Record $3B trading volume on Aug 13

◾️ AUM near $16B, holdings closing in on 3.5M ETH

◾️ Share price at $35.90, a new ATH (+5% yesterday)

🔹 Other giants joined in:

◾️ Fidelity FETH: +$155M inflows

◾️ Grayscale mini-Ether ETF (ETH): +$51.3M inflows

🔹 Big picture:

◾️ Institutional inflows across all US ETH ETFs now exceed $12B since inception

◾️ ETH price is knocking on the door of its all-time high

◾️ The consistent demand underscores a clear narrative: Ethereum is becoming a core institutional asset class

📢 From Bitcoin ETFs to Ethereum ETFs, Wall Street’s pace of adoption is accelerating — and August 13 may go down as one of the most telling days in ETH’s institutional history.

#Ethereum #BlackRock #Fidelity #Grayscale #ETF

https://coingape.com/blackrock-fidelity-grayscale-on-ethereum-buying-spree-adding-another-155000-eth/?utm_source=bnb&utm_medium=coingape