BlackRock and Fidelity bought Ethereum worth 500 million US dollars in 48 hours. The ETHA and FETH funds attracted 372 million and 103 million US dollars, respectively 🚀

BlackRock and Fidelity have purchased Ethereum worth $500 million over the past 48 hours through Coinbase and the Prime platform, as reported by the Arkham platform. On December 10, the ETHA fund from BlackRock raised $372 million, and the FETH fund from Fidelity raised $103 million. These transactions reflect the issuers' strategy to actively increase their positions in ETH after receiving SEC approval. As a result, the total inflow into the ETHA fund reached $2.93 billion, while the inflow into the FETH fund amounted to $1.35 billion.