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Home»Ethereum»BlackRock, Grayscale and Fidelity Purchased $500M in ETH: Why?

BlackRock, Grayscale and Fidelity Purchased $500M in ETH: Why?

Ethereum By Gavin14/08/2025
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Only one cryptocurrency set to lead stablecoin hype, Electric Capital
Only one cryptocurrency set to lead stablecoin hype, Electric Capital
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It seems that the cryptocurrency market works in stages. At one time the cryptocurrency market was driven by institutions and the markets’ obsession with Bitcoin. This led to a rapid increase in the number of tokens held. Ethereum has emerged as the leading cryptocurrency asset. Bitcoin and Ethereum have both been driving the direction of the market in recent times, but ETH has seen the maximum surge. This is attracting new institutional interest. What is happening with Ethereum? What’s the true meaning behind this rise? Find out.

You may also like: Why $4,700 Ethereum (ETH) Remains a Strategic Entry Point

Ethereum is Now Being Explored by Institutions

The Watcher Guru

In a recent development, leading financial giants such as Fidelity Grayscale and BlackRock are all turning towards Ethereum. These companies have lately been bulking up on ETHThe token has been purchased in large quantities. A recent Arkham report shows that BlackRock bought $318M of ETH. Fidelity also purchased $145M, and Grayscale $50M.

This has fueled ETH’s dominance in the global market, and it is primed for a future mega-rally. According to CoinMarketCap ETH dataEthereum’s price has risen by nearly half in the past month due to the growing interest and demand from institutions.

ETFS JUST BOUGHT 500M ETH

BlackRock has just purchased $318.7M worth of Ethereum
Fidelity has just purchased $145M worth of Ethereum
Grayscale has just purchased $50 Million of Ethereum. pic.twitter.com/M2CwyBu1H2

— Arkham (@arkham) August 13, 2025

Why is the token grabbing institutional interest?

Ethereum has a massive role to play in the cryptocurrency industry compared with other assets. It is known to have a comprehensive ecosystem and be a platform for NFTs and DeFi. These are areas that receive a lot of attention today. Its complex yield-staking system is attracting investors in a fast pace.

Ethereum, with the passage of the genius law, is rumored to be leading the development stablecoin domain. The story is fuelling early ETH acquisition, attracting Ark Invest’s attention in the process.

🚨Cathie wood, ARK Invest, explains why Ethereum has become the protocol of choice for institutional investors:

Coinbase L2 has been built with Ethereum.

Robinhood L2 on Ethereum is available.

Ethereum dominates the stablecoin market.

ETH treasuries = capital preservation + utility + staking (Bitcoin treasuries can’t… pic.twitter.com/dtBJ7i0oIW

— HodlFM Team (@Hodl_fm) August 13, 2025

You may also like: Ethereum Now Bigger Than Netflix as ETH Nears New High


“This article is not financial advice.”

“Always do your own research before making any type of investment.”

“ItsDailyCrypto is not responsible for any activities you perform outside ItsDailyCrypto.”

Source: watcher.guru

ETH ETHEREUM ETF ethereum price
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