BlockBeats news, on August 6, according to Onchain Lens monitoring, Canadian asset management firm Purpose Investments deposited 42,000 ETH (approximately $80 million) into the Ethereum beacon chain deposit contract within the past three hours, accounting for 36.6% of its ETF total holdings.
Purpose Investments deposits 42,000 ETH, worth $80 million, into Ethereum staking.
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Summary
Ethereum news emerged as Purpose Investments deposited 42,000 ETH ($80 million) into the Ethereum beacon chain contract over the past three hours. The deposit accounts for 36.6% of the firm’s ETF holdings. Ethereum news continues to reflect strong institutional activity, adding to recent staking inflows. No further details were disclosed.
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