BlackRock and Fidelity held an "Ethereum Friday" and rolled out $500 million on Ethereum 💸☕
🎢 BlackRock and Fidelity decided to buy up Ethereum for a whopping $500 million in just two days! 🤑
👉 What happened?
BlackRock launched its iShares Ethereum Trust (ETHA), while Fidelity launched the Ethereum Fund (FETH). And apparently, to not waste any time, they entered the game in style: they purchased a ton of ETH through Coinbase, as if it were a sale on "Black Friday." 😅
📊 Numbers and facts:
• By December 11, BlackRock had raised $74.16 million, and overall ETHA has attracted nearly $3 billion! 💼
• Fidelity is also making an effort — their FETH gathered $1.35 billion, although December 11 was quiet.
Many believe that such huge flows of money into ETFs (these are "crypto funds") are a direct signal: Ethereum is preparing for new heights! 🔝💎
📌 Everyone is shouting about ETH rising to 7500🚀🚀