Arkham-linked data is being discussed on Binance Square after reports that BlackRock’s ETH holdings increased by roughly $1.5B over 20 days.
But here’s the part people need to understand.
This doesn’t necessarily mean BlackRock itself decided to make a $1.5B personal bet on ETH. A large part of the exposure is connected to its ETHA spot Ethereum ETF.
Still, institutional access to Ethereum is something worth watching. 👀
Do you think institutional ETH demand will become more important over time?
$ETH $BTC
#ArkhamSaysBlackRockBuys15BInETH #Ethereum #ETH #Bitcoin #Crypto #CryptoNews #Trading #BinanceSquare
But here’s the part people need to understand.
This doesn’t necessarily mean BlackRock itself decided to make a $1.5B personal bet on ETH. A large part of the exposure is connected to its ETHA spot Ethereum ETF.
Still, institutional access to Ethereum is something worth watching. 👀
Do you think institutional ETH demand will become more important over time?
$ETH $BTC
#ArkhamSaysBlackRockBuys15BInETH #Ethereum #ETH #Bitcoin #Crypto #CryptoNews #Trading #BinanceSquare