Short News View Non-AMP

Fidelity Increases Ethereum Holdings with $145 Million Purchase

Published by
Qadir AK

Fidelity Investments acquired $145 million worth of Ethereum (ETH), reflecting rising institutional demand for the cryptocurrency. This substantial purchase highlights Fidelity’s ongoing commitment to expanding its digital asset portfolio as Ethereum trades near $4,600. The move aligns with a broader trend of increased investment in Ethereum through spot ETFs and other institutional channels, signaling confidence in ETH’s potential within the evolving crypto market landscape.

Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

Recent Posts

$7M Crypto Hack Hits Bitcoin DeFi Project ODIN•FUN

Crypto’s meme-coin frenzy took another dark turn after ODIN•FUN, a Bitcoin-based meme-coin launchpad, was hit…

August 13, 2025

Ethereum Price Nears All-Time High, ETH ETF Inflows Cross $1.5B in Two Days

Ethereum, the second-largest cryptocurrency, has been rallying nearly 30% in the past week and is…

August 13, 2025

Odin.fun Hit by $7 Million Bitcoin Exploit

Odin.fun, a Bitcoin-based memecoin launchpad, suffered a major exploit resulting in a $7 million Bitcoin…

August 13, 2025

Why Crypto Market is Up Today? Ethereum Nears $4,700 on Massive ETF Inflows

The crypto market is riding a wave of bullish sentiment this week, driven by a…

August 13, 2025

Ethereum, Solana, Chainlink Price Analysis for Today

The crypto market today is climbing higher, with the total market capitalization hitting $4.06 trillion.…

August 13, 2025

Ethereum Nears All-Time High as Transactions Hit Record Level

August 2025 — Ethereum’s network activity is surging, with daily transactions hitting a record 1.875 million.…

August 13, 2025