Ethereum Foundation sells $31.5M ETH during a strong rally as ETF inflows hit $1B and institutional demand pushes prices higher.
The Ethereum Foundation sold $31.5 million worth of ETH during a price surge, coinciding with record ETF inflows of $1 billion, reflecting strategic market timing and growing institutional demand.
Ethereum Foundation sold $31.5M ETH during a price surge as ETF inflows hit $1B, showing strategic market timing and planning.
Institutional ETH demand grows with $9B in corporate treasuries while Foundation sales aim to diversify reserves without hurting momentum.
Despite large ETH sales, prices stay bullish above $4,690 as ETF inflows and institutional adoption boost long-term confidence in Ethereum.
Ethereum news highlights the Foundation’s $31.5M ETH sale amid $1B ETF inflows, showcasing strategic timing and institutional interest. Read more!
What is the recent Ethereum Foundation sale?
The Ethereum Foundation recently sold $31.5 million worth of ETH, capitalizing on a price surge. This sale occurred as Ethereum’s price surpassed $4,500, marking a significant moment in the market.
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Record-breaking ETF inflows have fueled Ethereum’s recent rally. On Monday, daily net inflows exceeded $1 billion, indicating a surge in institutional interest through regulated investment vehicles.
The sale reflects strategic treasury management and aims to diversify reserves while maintaining market momentum.
Institutional investors are increasingly seeking exposure to Ethereum through regulated channels like ETFs, indicating its growing acceptance as a digital asset.
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Source: https://en.coinotag.com/ethereum-foundation-sells-31-5m-eth-amid-strong-etf-inflows-and-growing-institutional-demand/