🔥 Just now! BlackRock is buying 400,000 ETH, is the institutional bull market really here?
BlackRock is at it again!
This time they spent $28.7 million to buy Ethereum, bringing their total holdings close to 4 million, making them the third largest ETH holder globally 💼
🌟 Why is this purchase so crucial?
· ✅ Not speculation, but a strategy: BlackRock views Ethereum as "digital infrastructure," focusing on supporting its BUIDL fund and other products
· ✅ Collective institutional action: Not just BlackRock, but companies like BitMine Immersion's finance departments are also continuously increasing their holdings
· ✅ Long-term optimism: Even if there are fluctuations in capital flow in the short term, the giants are still betting real money on the future of Ethereum
🚀 What should we pay attention to next?
1️⃣ Institutional holding trends: Pay attention to regular disclosures from institutions like BlackRock and Fidelity
2️⃣ Ecosystem development: Especially DeFi and RWA tracks related to institutional products
3️⃣ Market sentiment: Large purchases often boost market confidence, but be cautious of short-term volatility
💬 Let's interact:
Do you think this wave of institutional buying will push ETH past its previous high?
Do you believe in Ethereum's performance during the "institutionalization" process?
👇 Let's discuss your thoughts in the comments!
This article does not constitute investment advice, DYOR (do your own research) 📈
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