$ETH rises 6% as BlackRock & Fidelity ETFs buy $500M worth of ETH

Gate.io News: The price of Ethereum has increased by 6% in the last 24 hours. This is coming after onchain data reveals that BlackRock and Fidelity ETFs have bought $500 million worth of Ethereum in the last two days.

$ETH currently trades around $3,805 (ETH/USDT), with a market capitalization of $458.95B, and a 24-hour trading volume of $278.00M according to Gate.io trading chart.

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