Via various crypto media outlets:

  • BlackRock acquired $314.9 million in Ethereum over several transactions in the past five days.

  • Spot Ethereum ETFs recorded net inflows of $443.91 million, signalling fresh institutional demand for crypto.

  • BlackRock’s purchases underscore rising confidence in Ethereum’s long-term investment potential.

ETH had been under price pressure but staged a recovery on Tuesday

Source: Forex Live