Latest data shows that Fidelity's client base purchased 36,460 ETH through the Ethereum ETF in October 2025, with a total value of up to $154.6 million. This move not only highlights the rising attraction of Ethereum among institutional investors but also marks a significant shift in the global institutional market strategy.

Against the backdrop of other spot ETH ETFs facing capital outflows, this large purchase by Fidelity's clients is particularly noteworthy. This not only reflects the differences in investment strategies among various asset management companies but is also expected to bring some stability to the ETH market.

Fidelity's large-scale ETH acquisition undoubtedly strengthens its leading position in the cryptocurrency market. As a pioneer in integrating digital assets into the traditional financial system, Fidelity is continually expanding its range of services in this area. This move also further highlights Fidelity's foresight and strategic layout in the digital asset field.

However, the overall situation of the cryptocurrency market remains complex. Despite Fidelity clients showing a strong willingness to buy, other ETH ETF products are facing challenges of capital outflows. For example, BlackRock has experienced an outflow of about $310 million. This contradictory market response highlights the polarization currently present in the cryptocurrency investment sector.

Overall, this large ETH purchase by Fidelity clients not only reflects the growing confidence of institutional investors in Ethereum but also injects new liquidity into the ETH market. This event could become an important milestone in promoting further institutional recognition of Ethereum, while also providing significant reference for observing future development trends in the cryptocurrency market.