The post Fidelity Increases Ethereum Holdings with $145 Million Purchase appeared first on Coinpedia Fintech News
Fidelity Investments acquired $145 million worth of Ethereum (ETH), reflecting rising institutional demand for the cryptocurrency. This substantial purchase highlights Fidelity’s ongoing commitment to expanding its digital asset portfolio as Ethereum trades near $4,600. The move aligns with a broader trend of increased investment in Ethereum through spot ETFs and other institutional channels, signaling confidence in ETH’s potential within the evolving crypto market landscape.