RSS ICYMI: BlackRock & Fidelity have collectively bought 500mn USD of ETH in the past 48 hours

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 RSS ICYMI: BlackRock & Fidelity have collectively bought 500mn USD of ETH in the past 48 hours

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Binance had the info (link here for more). In brief:

  • According to Odaily, recent monitoring by Arkham has revealed that BlackRock and Fidelity have collectively purchased Ethereum (ETH) worth over $500 million in the past 48 hours.
  • The acquisition by BlackRock and Fidelity is part of a larger trend where traditional financial entities are increasingly engaging with cryptocurrencies.

***

Odaily is a Chinese media platform specializing in cryptocurrency, blockchain technology, and the broader digital asset space.

Arkham is a blockchain intelligence platform that focuses on analyzing and identifying cryptocurrency wallets, transactions, and entities within the blockchain ecosystem.

***

This article was written by Eamonn Sheridan at www.forexlive.com.
 
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