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The market is undergoing a correction, but with every dip, whales, VCs, and market makers continue to accumulate ETH.
A prime example is BlackRock, one of the world’s leading financial institutions. Specifically in June, BlackRock has made significant ETH purchases even selling some of its BTC holdings to acquire more ETH. Its total ETH balance has increased considerably, now holding over 1.6 million ETH tokens. A large portion of this supply has been funneled into BlackRock’s ETF during this period.
Similarly, when looking at ETH ETF inflows, we can clearly see a consistent trend of positive net flows. This suggests that once the market stabilizes, ETH could potentially deliver higher ROI compared to BTC and SOL and may also ignite a new wave of growth across the Ethereum ecosystem. 0 reply
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