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Reading: Fidelity Ethereum ETF buys 34,740 $159.4m worth
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© 2025 All Rights reserved | Powered by All News Bitcoin
Ethereum

Fidelity Ethereum ETF buys 34,740 $159.4m worth

September 24, 2025 1 Min Read
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image

Key takeout

  • Constancy Investments bought 34,740 ETH (~$159.4m) for the Spot Ethereum ETF.
  • Institutional demand for Ethereum publicity by way of regulated funding automobiles stays sturdy.

Constancy Investments, a number one US asset administration firm, bought 34,740 Ethereum tokens on the Spot ETF on Thursday, for $159.4 million.

The acquisition displays the continued institutional demand for Ethereum publicity via regulated funding merchandise. The Spot Ethereum ETF was launched in mid-2024 after regulatory approval.

Ethereum ETF has had a cumulative influx of over $1 billion within the first few months after its launch in 2024, reflecting a rise in institutional buyers’ mainstream acceptance of digital belongings.

Constancy reviews constant Ethereum purchases for ETFs all through 2025, with acquisitions price tens of tens of millions to tens of millions of tens of millions.

See also  Is Ether Lee Rium preparing to move to $ 3,800? Analysts predict the strong stage
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Reading: Fidelity Ethereum ETF buys 34,740 $159.4m worth
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