💥🚀Big news!!

Let's talk about Ethereum $ETH and Fidelity's big move!

Look at the data of the ETH spot ETF, it runs much faster than Bitcoin BTC. There are too many institutions on the BTC side, and the data is like a maze, which makes people dizzy. By the end of the work in 2024, ETH's performance was still stable, but it was not amazing. Grayscale slipped away a lot of goods on Monday, and BlackRock also did not move for two consecutive days. It was all thanks to Fidelity that it stepped forward at the last minute and took more than 9,500 ETH at once, which made the data not too ugly.

Speaking of funds, BTC is also a net inflow, but BlackRock has been withdrawing funds for two consecutive days. Fidelity stood up at the critical moment, with BTC in the left hand and ETH in the right hand, and took good care of both sides.

To be honest, the price of ETH has been complained by everyone, but people who bought it recently are in a good mood. ETH is just one opportunity away from an explosion, either a big explosion in market sentiment or good news from the pledge of RWA or ETH spot ETF.

Think about the ETH spot ETF in 2024, it was a roller coaster ride. At the beginning, everyone was looking forward to ETH. When BTC rose, ETH followed suit. As a result, the SEC tightened its control over cryptocurrencies, and the ETH spot ETF was once pessimistic, and the expected approval rate fell to less than 20%. Fortunately, it turned around at the last minute and passed. But the market is like nothing happened, and the ETH price is still half-dead.

More than five months have passed since the ETF was listed. For more than four months, ETH has been flowing out of the ETF. Grayscale sold nearly 1.2 million ETH, accounting for 42% of the total. It was not until the end of November that it began to flow in. BlackRock became the largest buyer, buying more than 1 million ETH, and Fidelity was not far behind, buying more than 470,000 ETH.

By the end of 2024, the US spot ETF holdings increased by nearly 560,000 ETH, and the three ETFs in Hong Kong also increased their holdings by more than 5,000. It seems that more and more people are optimistic about ETH. With the new government in power, compliant cryptocurrencies will definitely be more favored by capital. You have to admit this wave of operations!

For the next layout direction, I will lead everyone to target the profit opportunities of cottages, especially those projects with great potential. There is no problem with the expected space of more than 10 times. If you want to make a lot of money in the bull market, like + leave a message, and take you to layout the entire bull market together!