#blackRock has invested $1.1B in #Ethereum over 48 hours by acquiring 307K ETH, raising its total holdings to $8.9B and becoming a leading institutional player in $ETH .

On July 17, the investment was $510M, and on July 18, it increased to $574M, with the ETH ETF capturing 98% of all inflows.

The surge in ETH prices can be attributed to double-digit yields, bullish #CME futures, and rising ETF momentum.

Currently, with ETH priced near $3,550, a breakout past $4K is expected, indicating that institutions are stacking ETH rather than merely speculating.
#CryptoMarket4T #GENIUSAct