Fidelity Investments and BlackRock are sparking a frenzy in the world of Ethereum exchange-traded funds (ETFs). The two financial giants are driving up interest in the cryptocurrency, with many speculating that Ethereum could reach $6,000 next.
Fidelity Investments, a well-known name in the investment world, has been a major player in the push for Ethereum ETFs. Meanwhile, BlackRock, the world’s largest asset manager, has also been making moves to capitalize on the growing popularity of Ethereum.
The surge in interest in Ethereum ETFs comes as the cryptocurrency market continues to gain mainstream acceptance. With more institutional investors getting involved in the space, many are optimistic about the future of Ethereum.
As the price of Ethereum continues to rise, hitting new all-time highs, some analysts believe that $6,000 could be the next milestone for the cryptocurrency. With Fidelity and BlackRock leading the charge, the future looks bright for Ethereum and its investors.