BlackRock buys $315m Ethereum as spot ETFs attract $444m in fresh inflows
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