BlackRock, Fidelity, Grayscale scoop $1 billion in Ethereum in a day | Crypto Craft

  • BlackRock, Fidelity, Grayscale scoop $1 billion in Ethereum in a day

    From finbold.com

    In one of the largest single-day inflows since Ethereum ETFs launched, three of the world’s biggest asset managers BlackRock, Fidelity, and Grayscale collectively purchased more than $1 billion worth of ETH on August 11, according to on-chain data reviewed by Finbold. BlackRock’s Ethereum ETF (ETHA) accounted for the lion’s share, adding $639.8 million in inflows, while Fidelity contributed $276.9 million and Grayscale purchased roughly $80 million. The buying brought total Ethereum ETF inflows to $1.54 billion between August 11 and 12, based on Farside Investors data. Arkham Intelligence wallet-tracking shows ... (full story)

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