🚨 INSTITUTIONAL ECSTASY! 🚀 ETF'S OF $ETH BREAK RECORDS AND ACCUMULATE OVER 3.9 MILLION ETH! 🤯💸
📢 The exchange-traded funds (ETFs) of #Ethereum (ETH) have just reached an astonishing new milestone! For the first time in history, the volume of ETH under the custody of the issuing companies of these ETFs has exceeded 3.9 million of #ETH ! 🚀
More than 1.6 million ETH are in the hands of the giant BlackRock, while Grayscale and Fidelity closely follow with 1.1 million and 470,133 ETH respectively, according to data from Dune Analytics. This is no coincidence! This stratospheric movement is a reflection of the "institutional fever" that Ethereum is experiencing, as the #ETF offers corporate investors the security of trading with regulated instruments. 🏦
The evidence is undeniable: yesterday, these financial instruments captured $21 million, marking 19 of the last 20 days with positive capital flows! Since their launch, Ether ETFs have already accumulated over $3.88 billion. This spectacular performance has a direct impact on the price of ETH, as the growing demand for ETFs forces managers to buy more ETH in the market, reducing supply and, by law, pushing its price upward! 📈
🤔 Do you think this avalanche of regulated capital is the definitive signal that ETH is about to take off parabolically, redefining its value as a mass investment asset? 👇💬
