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ETH staking approval Flash News List | Blockchain.News
Flash News List

List of Flash News about ETH staking approval

Time Details
2025-06-03
06:24
Institutional Shift: BlackRock and Fidelity Sell $180M Bitcoin, Buy 30,000 ETH Ahead of Potential Staking Approval

According to Cas Abbé on Twitter, major institutions including BlackRock and Fidelity have recently sold $180 million worth of Bitcoin and subsequently purchased 30,000 ETH valued at approximately $78 million. This significant rotation suggests that institutional investors are positioning themselves ahead of a possible Ethereum staking approval, which could drive increased demand and price momentum for ETH. Traders should monitor ETH price action closely as institutional buying often precedes major market moves, especially with potential regulatory catalysts on the horizon. (Source: Cas Abbé, Twitter, June 3, 2025)

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