BlackRock's Ethereum (ETHA) fund becomes the third fastest ETF in history to reach $10 billion in assets in just one year.
This reflects how liquidity is gradually being withdrawn from traditional cryptocurrency platforms in favor of regulated U.S. ETFs, strengthening institutional control over the crypto market.
This makes the competition at profit-taking very fierce and will affect many entities, with some entities potentially disappearing during profit-taking from these investment funds.