How BlackRock, Fidelity ETFs Raise Ethereum Prices

This month, BlackRock and Fidelity drove 247K ETH into Ethereum spot ETFs, indicating institutional demand for ETH.
Hedge funds' ETH CME Futures short holdings peaked, while bullish positions and ETF demand rose.

Ethereum is rising despite November's largest stablecoin net outflows from exchanges since April, indicating traders are locking up gains.

Ethereum news: Institutional participation increased, resulting in a 247K ETH influx into spot ETFs.

Ethereum's price spike coincided with large investments from BlackRock (ETHA) and Fidelity (FETH), signaling institutional recognition of Ethereum as a legitimate investment asset like Bitcoin.

Holdings rose steadily from late August to November, demonstrating Ethereum-based financial products' growing trust and strategic posture.

The latest data shows that these ETFs' combined holdings reached 1 Million ETH, indicating considerable institutional involvement.

Ethereum is being used by institutions for cash and carry transactions.

Ethereum ETF inflows may signal a new institutional ‘altcoin season’ as Bitcoin did.

As institutional money continue to pour into the market, indicating more confidence and a strategic move toward cryptocurrency investment among large financial players, Ethereum's market value may rise.

Hedge Fund ETH CME Futures

Hedge funds' CME short holdings in ETH futures increased as price and institutional interest rose.

In April 2021, hedge funds boosted their wagers against Ethereum, reaching their greatest short holdings by November 2024.

Ethereum prices rose during this time, culminating at 80K in late 2024.

Short positions by hedge funds also rose, contrasting the rising price with institutional investors' pessimism.


High short holdings, peaking in late 2024, coincide with expanding long positions and Ethereum ETFs.

Hedge funds may be using a cash-and-carry trading method to exploit market inefficiencies and hedge against price swings.

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