Fidelity Buys $154.6 Million of Ethereum as Analysts Expect to Hit New Highs Despite Outflows

Ethereum (ETH) is back in the spotlight after Fidelity customers purchased approximately 36,460 ETH ($154.6 million), signaling renewed institutional demand even as spot ETH ETFs saw large redemptions. Related reading Before stabilizing around $4,100, the second-largest cryptocurrency briefly fell below $4,000 this week, but several analysts say the pullback puts ETH in a key “buy … Continue reading Fidelity Buys $154.6 Million of Ethereum as Analysts Expect to Hit New Highs Despite Outflows