$ETH Breaking news!!!
BlackRock "swallows" Ethereum!
ETF holdings are overflowing!
BlackRock officially announced that as of October 21, their Ethereum exchange-traded fund ETHA had a staggering holding of 435,072.003 ETH!
That's not all, the market value of the holdings is also very impressive, about 1.16 billion US dollars!
It seems that BlackRock is full of confidence in the future of Ethereum and is ready to do a big job!
In my opinion, BlackRock's move is not only a recognition of Ethereum's technical potential and market prospects, but also an important layout of it as a traditional financial institution in the field of cryptocurrency.
As more and more traditional financial institutions begin to get involved in the field of cryptocurrency, the overall market awareness and acceptance are also increasing.
In addition, BlackRock's holdings may also become a market vane.
The increase or decrease of its holdings may trigger other investors to follow suit, further affecting the trend of Ethereum and even the entire cryptocurrency market.
Therefore, it is necessary for us to pay close attention to the holdings of financial giants such as BlackRock in order to better grasp the pulse of the market.
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