#BlackRockETHPurchase $ETH

BlackRock, the world's largest asset manager, has made significant Ethereum (ETH) purchases, showcasing its growing interest in the cryptocurrency. Here are the key details¹ ²:

- *Recent Purchases:*

- BlackRock bought $8.65 million worth of Ethereum (3,337 ETH) on May 19, 2025, bringing its total Ethereum assets under management to over $2.9 billion.

- The company also purchased 2,097 ETH for $5.31 million on May 18, 2025, demonstrating its commitment to digital assets.

- Additionally, BlackRock invested $52.7 million in Ethereum, making its total ETH holdings 1.311 million, valued at approximately $3.58 billion.

- *Bitcoin Purchases:*

- BlackRock acquired 149.612 BTC for $15.29 million on May 18, 2025, and another $481 million worth of Bitcoin, increasing its total holdings to 659,847 BTC, worth around $71.07 billion.

- *Market Impact:*

- BlackRock's Ethereum purchases have sparked interest in the cryptocurrency industry, potentially signaling a trend reversal for ETH.

- The company's investments in Ethereum and Bitcoin reflect its confidence in the long-term value proposition of these digital assets.

- *ETF Inflows:*

- BlackRock's Ethereum-focused BUIDL fund has grown to $2.904 billion in total value locked, with 93% of its capital deployed on Ethereum.

- The firm has also seen significant inflows in its Bitcoin and Ethereum ETFs, with $517 million in combined net inflows on May 28, 2025.