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Fidelity buys $140M in Ethereum but BlackRock's $285M sell-off leads to net outflows in ETH ETFs.

Market News
30 Mar 2026
UToday
View Source
Neutral
pluang ai news

Fidelity Investments recently purchased $140 million worth of Ethereum, signaling strong investor interest in its Ethereum ETF. However, BlackRock sold $285 million worth of Ethereum ETFs during the same period, resulting in a net outflow of about $206 million from Ethereum ETFs overall. Despite these mixed flows, Ethereum's price showed a positive trend in March, breaking a six-month streak of monthly declines with a gain of 5.64%. This suggests cautious but ongoing institutional interest amid broader market volatility.

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