Trade Ethereum here 👉 $ETH
Fidelity made a significant investment of $60.5 million in Ethereum through exchange-traded funds (ETFs) last Monday. This investment boosted the total inflows into spot Ethereum ETFs to $100 million on the same day, putting Fidelity ahead of other major market players, such as BlackRock's ETHA fund.
In simpler terms, Fidelity made a big bet on Ethereum, investing more than half of all the money that flowed into the cryptocurrency's ETFs on Monday, surpassing what other companies like BlackRock invested.
