$ETH

BlackRock's transition to Ethereum marked the best day for the Ether ETF to date, culminating in an inflow of $125 million and a rise to $3,000.

ETH, the largest alternative cryptocurrency in the world, excited its loyal holders last night by jumping to $2,800. The price dynamics of Ether, reaching a new three-month high, successfully tested the support level of $2,400 for the third time in a 30-day period.

While major investors, often referred to as crypto whales, rush alongside institutions to grab a share of this presumably still discounted price of Ethereum (ETH), one buyer stands out. The world's largest asset manager, BlackRock, founded in 1988 and managing over $11.5 trillion in assets under management (AUM), made a staggering purchase of $80.6 million yesterday.