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Institutional demand for Ethereum (ETH) continues to accelerate, with Fidelity making one of the largest single-day purchases this week.  According to blockchain analytics from Lookonchain , the Fidelity Ethereum Fund (FETH) added 33,788.82 ETH on July 22, worth approximately $124 million, bringing its total holdings to 629,202 ETH, valued at $2.33 billion at current market prices. July 22 Update: 10 #Bitcoin ETFs NetFlow: -1,477 $BTC(-$176.21M)#ARK21Shares outflows 665 $BTC($79.31M) and currently holds 49,586 $BTC($5.91B). 9 #Ethereum ETFs NetFlow: +75,296 $ETH(+$278.45M)🟢#Fidelity inflows 33,953 $ETH($125.56M) and currently holds 629,202… pic.twitter.com/7G6IgZpMTd — Lookonchain (@lookonchain) July 22, 2025 Recently there has been a strong broader institutional pivot toward Ethereum following the approval of spot ETH ETFs earlier this year. Across all listed Ethereum ETFs, net inflows have surged by 650,468 ETH over the past seven days, with total ETF ...

Following the announcement of a waiting list earlier this month, The Block reported that Fidelity Investments has officially opened retail cryptocurrency trading accounts. Amidst the mass volatility coinciding with the collapse of FTX, the Fidelity development could be a good sign. “The wait is over,” was the opening remark in an email sent to users today. Moreover, the notice informed customers that a Fidelity brokerage account would be needed to open a new Fidelity cryptocurrency account. Fidelity officially launches #Bitcoin and #crypto trading services to its 40 million clients. — Watcher.Guru (@WatcherGuru) November 28, 2022 Fidelity Officially in Crypto It had been a long time coming after the announcement of a waiting list, as Fidelity is officially opening its retail cryptocurrency trading accounts. The investment firm is now making digital asset trading available to its clients. The Block reports that the newly announced crypto ret...