by: xpoolPosted on:

Ethereum Breaks Record with $1 Billion in ETF Inflows, 401(k) Plans Open Doors to Crypto

Ethereum has reached a new milestone. Institutional investors poured in over $1 billion into Ethereum exchange-traded funds (ETFs) on August 11th. This significant influx underscores strong confidence in the asset’s future. Simultaneously, the US government took a historic step by allowing 401(k) retirement savings plans to incorporate cryptocurrencies and private equity. This opening will significantly increase investment in Ethereum via tax-advantaged accounts, potentially generating massive capital inflow into the crypto market.

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