#BlackRockETHPurchase BlackRock has made significant acquisitions of Ethereum (ETH) recently, which has generated a lot of interest in the crypto community.
📈 Details of the purchases
Recent purchase of $50 million in ETH: According to Arkham data, BlackRock acquired Ethereum worth $50 million.
Total accumulation of 214,000 ETH since May 11: Through its iShares Ethereum Trust, BlackRock has accumulated 214,000 ETH, valued at approximately $560 million.
Additional purchase of 10,000 ETH: It was reported that BlackRock acquired another 10,000 ETH, valued at $26.1 million. Collaboration with Fidelity: BlackRock and Fidelity have jointly purchased ETH worth $78.2 million, indicating an increase in fund inflows towards Ethereum ETFs.
