According to the source, a social post claims Fidelity’s Ethereum ETF bought 36,460 ETH worth about $154.6M on Oct 14, which should be confirmed via Fidelity’s official daily holdings disclosure and NSCC create or redeem files before making trading decisions (source: Fidelity; DTCC/NSCC). If confirmed, such a purchase implies a sizable primary market creation and net inflows that have historically supported ETH spot price through incremental demand from ETF channels (source: Bloomberg Intelligence; CoinShares Digital Asset Fund Flows). Traders should verify by checking Fidelity’s ETF holdings update, NSCC basket data, and custodian wallet movements to validate flow size and timing (source: Fidelity; DTCC/NSCC; Etherscan). For positioning, monitor ETH basis on CME and major venues, the ETH/BTC ratio, and aggregated US spot Ethereum ETF net inflows to gauge momentum and potential spillover to BTC and large-cap altcoins (source: CME Group; Kaiko; Farside Investors).