Explosion! The ETH cryptocurrency world has gone crazy! The net inflow of the US spot Ethereum ETF has directly surpassed $1 billion in a single day, setting a historical record!
Giants like BlackRock and Fidelity are leading the charge, with BlackRock pouring $640 million into ETHA and Fidelity throwing in $270 million, casting their votes with real money, heavily betting on the future of Ethereum!
What does this mean? Institutions are signaling their cash capabilities, indicating a strong long-term value, and the large ETF purchases are directly supporting the market, with the subsequent price action poised for takeoff. Although there may be short-term profit-taking, institutions will continue to enter the market, making the ecosystem even stronger!
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