BlackRock’s recent acquisition of $158.6 million in Ethereum brings its total holdings to approximately $4.45 billion, accounting for 1.5% of all ETH. This marks a significant rise in institutional investment over the last two months, totaling 1.5 billion USD.
While there is a notable increase in institutional interest, reflected in steady inflows into Ethereum ETFs, the price of ETH has not experienced significant movement. Other institutions are also shifting investments towards Ethereum, enhancing market dynamics.
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