Fidelity Drives Ethereum Growth with $60M Investment as ETF Inflows Skyrocket
Fidelity has made waves in the cryptocurrency space by investing an impressive $60 million into Ethereum as the inflows for Spot Ethereum ETFs reached an astounding $100 million. This surge highlights Fidelity’s decisive role in leading the market, outpacing even titans like BlackRock. Overall, net inflows across all US ETF issuers have crossed over $4 billion following favorable news surrounding geopolitical events. Investors should keep an eye on Fidelity’s moves as they could set trends in the crypto investment landscape.