BlackRock buys $315m Ethereum as spot ETFs attract $444m in fresh inflows

Via various crypto media outlets:

• BlackRock acquired $314.9 million in Ethereum over several transactions in the past five days.

• Spot Ethereum ETFs recorded net inflows of $443.91 million, signalling fresh institutional demand for crypto.

• BlackRock’s purchases underscore rising confidence in Ethereum’s long-term investment potential.

ETH had been under price pressure but staged a recovery on Tuesday This article was written by Eamonn Sheridan at investinglive.com.