Market Note: Institutions Quietly Load Up on ETH
Major asset managers Fidelity, BlackRock, and Grayscale executed a combined $101.8 million in Ethereum purchases today, signaling renewed institutional appetite for the asset.
The scale and timing of the acquisitions indicate a shift in positioning as large funds move back into accumulation mode. These inflows arrive amid growing expectations around ETH’s role in upcoming market cycles, with institutions showing little interest in hiding their activity.
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