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🔥 RECORD: Institutions poured $1 billion into ETH-ETF in one day! BlackRock and Fidelity are leading the charge.
Main figures:
• BlackRock (ETHA): +$639.8 million
• Fidelity (FETH): +$276.9 million
• Total with other players: +$1.018 billion ( first billion inflow for the day!)
Who else has become active?
The companies SBET and BMNR ( are led by Tom Lee) who is aggressively buying ETH against the backdrop of low liquidity on weekends. Their orders are literally "cleaning out" the order books.
🚨 Sensation: Yesterday BMNR showed a turnover of $8.6 billion — this is twice as much as MicroStrategy ($4.09 billion)! Traditional financiers (TradFi) have clearly chosen a "new toy" — speculation on ETH through funds.
What does this mean?
1️⃣ Breakthrough of ETH institutionalization: Giants like BlackRock confirm Ethereum's status as a fundamental crypto asset.
2️⃣ Aggression against liquidity: Buying SBET/BMNR on weekends creates artificial hype — the price rises due to empty order books.
3️⃣ Change of favorite: The turnover of BMNR is twice that of MicroStrategy — capital is flowing from bitcoin stories into ETH.
4️⃣ Speculative frenzy: TradFi tests ETH-ETF as a tool for short-term plays (analog of stocks).
⚡️ Impact on the market:
• Short-term: Buyer pressure will lead to an increase in ETH, but volatility will intensify (especially on weekends).
• Medium-term: Correction risk - if the inflow of funds slows down, BMNR/SBET may trigger sell-offs.
• Long-term: Strengthening of ETH as an "institutional asset". Increased competition with BTC.
⚠️ Dangers:
• Bubble on Empty Glasses: Aggressive purchases of SBET/BMNR may create a "soap bubble" on low volumes.
• Manipulations: TradFi, using ETFs, can artificially move the market in their favor.
Forecast:
We expect testing of new ETH highs in the coming days, but be ready for sharp pullbacks. Key trigger: will the inflow into the ETF hold above $500 million per day? If not, expect profit-taking by speculators.
Output:
ETH has reached a point of no return in the institutional world. But behind the hype, there are overheating risks — keep an eye on the volumes of BMNR/SBET and the overall flow.