BlackRock’s Ethereum Investment Fuels Market Speculation: Could It Spark a New All-Time High?

BlackRock’s recent purchase of $80.6 million worth of Ethereum has sparked significant market activity, fueling speculation about the potential for ETH to reach new highs. With the firm’s Ethereum-focused exchange-traded fund (ETHA) seeing substantial inflows and the cryptocurrency price hovering around $2,768, analysts are questioning whether this investment could push ETH to previously unseen heights.