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In one of the largest single-day inflows since Ethereum ETFs launched, three of the world’s biggest asset managers BlackRock, Fidelity, and Grayscale collectively purchased more than $1 billion worth of ETH on August 11, according to on-chain data reviewed by Finbold. BlackRock’s Ethereum ETF (ETHA) accounted for the lion’s share, adding $639.8 million in inflows, while Fidelity contributed $276.9 million and Grayscale purchased roughly $80 million. The buying brought total Ethereum ETF inflows to $1.54 billion between August 11 and 12, based on Farside Investors data. Arkham Intelligence wallet-tracking shows multiple high-value transfers from Coinbase Prime to BlackRock’s ETF wallets, with single transactions exceeding $43 million. Notably, the surge lifts cumulative ETHA inflows above $10.8 billion since launch. ETFS JUST BOUGHT $1 BILLION USD OF ETHEREUM BLACKROCK BOUGHT $640M $ETH FIDELITY BOUGHT $270M $ETH GRAYSCALE BOUGHT $80M $ETH THE INSTITUTIONS ARE COMING ...

On June 12, Fidelity dumped 1,820 Bitcoin (BTC), worth over $190 million in total, in one of the largest institutional Bitcoin moves in recent weeks.  At the time of writing, the total daily volume for BTC is up 35%, sitting at $71.09 billion. The price, on the other hand, sits at $105,102, down -1.83%, suggesting short-term price volatility. BTC 24-hour price. Source: Finbold Ethereum ETFs At the same time, Fidelity bought another 3,900 ETH, amounting to over $9.8 million. While Ethereum is down -7.24% in the past 24 hours, ETH ETFs seem to be breaking records, witnessing inflows above $110 million today. Compared to Fidelity, BlackRock went the extra mile with no less than 36,640 ETH, more than $92.5 million in total. And this is just two days after its already enormous $80.6 million purchase.  Whatever the numbers might suggest, all eyes seem to be on ETFs as institutional owners make unprecedented moves.  What’s more, with the Ripple v. SEC...