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#BlackRockETHPurchase #BlackRockETHPurchase BlackRock, the world’s largest asset manager, has significantly increased its Ethereum (ETH) holdings, signaling strong institutional confidence. Key purchases include 100,535 ETH in February 2025 (worth $276M), 15,000 ETH in April, and 10,955 ETH in May, totaling over $74M in recent investments. These moves triggered price surges and increased trading volume. CEO Larry Fink views Ethereum as a valuable asset due to its role in decentralized applications. BlackRock's strategic accumulation highlights growing institutional interest in crypto, especially Ethereum, and suggests long-term belief in its potential. Ethereum currently trades around $2,665, showing resilience amid heightened investor attention
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