The entry of such a major player in the cryptocurrency investment arena may influence other institutional investors to consider similar ventures, thereby potentially stabilizing and maturing the market.
Ethereum (ETH) is trading at $3,329.00 USD, as of the latest update. This reflects a minor change of -0.09% in the past 24 hours. The trading range during the day has been between $3,299.88 and $3,429.70 USD, demonstrating relative stability in the short term.
With a circulating supply of approximately 120 million ETH, its market capitalization stands at $400,514,738,341 USD, positioning Ethereum as the second-largest cryptocurrency globally.
