#BlackRockETHPurchase
✅ Verified Ethereum Investments by BlackRock:
Although there’s no confirmed report of a $50 million Ethereum purchase made today, there is strong evidence of significant Ethereum acquisitions by BlackRock in recent months:
1. December 2024:
BlackRock and Fidelity collectively purchased $500 million worth of Ethereum within 48 hours, using Coinbase Prime.
Source: The Block
2. February 2025:
BlackRock acquired 41,790 ETH worth about $128.3 million, split into two transactions of 24,529 ETH and 17,261 ETH.
Source: Reddit
3. February 2025 (Later in the month):
Another transaction of 10,000 ETH (~$18.14 million) was recorded through Coinbase Prime.
Source: Webull
4. As of December 2024:
BlackRock held $3.5 billion worth of ETH, making it the 12th largest Ethereum holder globally.
Source: U.Today
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🟡 Summary:
There is no official confirmation that BlackRock bought exactly $50 million in ETH today, as the original claim suggests. However, multiple large-scale Ethereum acquisitions by BlackRock are well-documented, indicating strong institutional interest in Ethereum.
