December 12, 2024 at 04:48AM
Binance had the info (link here for more). In brief:
According to Odaily, recent monitoring by Arkham has revealed that BlackRock and Fidelity have collectively purchased Ethereum (ETH) worth over $500 million in the past 48 hours.
The acquisition by BlackRock and Fidelity is part of a larger trend where traditional financial entities are increasingly engaging with cryptocurrencies.
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Odaily is a Chinese media platform specializing in cryptocurrency, blockchain technology, and the broader digital asset space.
Arkham is a blockchain intelligence platform that focuses on analyzing and identifying cryptocurrency wallets, transactions, and entities within the blockchain ecosystem.
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This article was written by Eamonn Sheridan at www.forexlive.com.