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fidelity buying $154.6 million of ethereum?! 🚀 analysts saying new highs despite outflows… ETH game strong despite ETF drama!
fidelitY SNATCHED $154.6M of ETH 🚀🔥 wHILE BLACKROCK OUT HERE REDE
this is classic institutional adoption signaling: Fidelity’s substantial ETH acquisition amidst ETF redemptions may indicate a shift towards direct exposure to Ethereum’s potential,
Ethereum (ETH) gains attention as Fidelity customers buy 36,460 ETH ($154.6M), showing institutional interest despite ETF redemptions. Analysts suggest a potential push for new highs after ETH briefly drops below $4,000 and stabilizes around $4,100. 📈
Fidelity’s purchase reflects growing traditional finance exposure to Ethereum’s ecosystem and contrast with ETF outflows, including a $310M redemption from BlackRock. This move could stabilize liquidity and tighten supply. 💼
Fidelity Buys $154.6 Million of Ethereum as Analysts Expect to Hit New Highs Despite Outflows
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