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#BlackRock Buys 22,058 ETH – $54.8M Bet on #Ethereum !

Asset management giant BlackRock has purchased 22,058.53 Ethereum, valued at $54.8 million, signaling rising institutional confidence in ETH ahead of broader ETF momentum.

🧠 What it means:

Big players are positioning early before spot ETH ETF launches

Signals long-term confidence in Ethereum's utility and ecosystem

May trigger follow-up buys from other institutions

šŸ“Š Market Impact:

Ethereum saw a short-term pump. Analysts expect ETH, LDO, OP, and CRV to benefit from renewed institutional demand.

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