BlackRock increases its investments in Ethereum to 1.49 million ETH!
In just one day, BlackRock injected approximately 492 million dollars more into its Ethereum fund.
It now holds 1.49 million ETH!
This move confirms that major institutions are betting on the future of Ethereum as a long-term asset, and not just for short-term speculation.
What does this mean for investors?
• The injection of institutional liquidity boosts market confidence.
• This supports the hypothesis of the beginning of an "altcoin season".
• It is possible that other institutions will follow suit, especially after the recent approvals of Ethereum ETFs.
• The more liquidity coming from big players, the closer we get to a significant bullish wave on Ethereum and other altcoins.
