Ethereum ETF Sees Significant Inflow from Fidelity

12/24/2024 1:34:17 AM

According to Farside Investors, the Ethereum ETF has experienced a substantial daily inflow of $46.4 million from Fidelity. This significant investment indicates growing institutional interest in Ethereum, potentially impacting its market dynamics and price movement. Traders should monitor such inflows as they can signal increased confidence in Ethereum's long-term value and influence market trends. (Source)

Ethereum ETF Fidelity market dynamics investment

More from Farside Investors (@FarsideUK): Farside Investors is a London based investment management company. Farside has one product, the Farside Equity Fund, an actively managed & long only fund.

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