Ethereum ETF saw substantial inflows yesterday, with net deposits hitting $164.4 million. Among institutional players, BlackRock led the charge, accumulating $149.2 million worth of ETH during the period. This significant move underscores growing institutional confidence in Ethereum's market position. Large capital deployments like these often signal meaningful shifts in the institutional appetite for major crypto assets, particularly during periods of market consolidation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
6
Repost
Share
Comment
0/400
SchrodingerAirdrop
· 5h ago
Blackstone has eaten so much, and it still doesn't go up? I don't understand.
View OriginalReply0
ThreeHornBlasts
· 5h ago
Blackstone is sweeping through 149 million, this is the rhythm of taking off.
View OriginalReply0
SocialAnxietyStaker
· 5h ago
Blackstone's move... is really a gamble on Ethereum making a comeback.
View OriginalReply0
MoonlightGamer
· 5h ago
BlackRock's move this time is quite aggressive; it feels like ETH is about to take off.
View OriginalReply0
token_therapist
· 5h ago
BlackRock is quietly building a position again; this pace is a bit something.
View OriginalReply0
MoneyBurner
· 5h ago
Blackstone Daddy is building up positions again, while us retail investors are still debating the floor price. It's hilarious.
Ethereum ETF saw substantial inflows yesterday, with net deposits hitting $164.4 million. Among institutional players, BlackRock led the charge, accumulating $149.2 million worth of ETH during the period. This significant move underscores growing institutional confidence in Ethereum's market position. Large capital deployments like these often signal meaningful shifts in the institutional appetite for major crypto assets, particularly during periods of market consolidation.