#BlackRockETHPurchase BlackRock, the world's largest asset manager, has made significant investments in Ethereum (ETH). Here are the key details ¹ ² ³:
- *Recent Purchases*: BlackRock acquired 19,070 ETH for $48.4 million on June 4, 2025, and 100,535 ETH for $276 million on February 4, 2025.
- *Total Holdings*: Their total Ethereum holdings now stand at 1,352,934 ETH, valued at approximately $3.71 billion.
- *Market Impact*: This investment signals strong confidence in Ethereum's future value and potentially boosts liquidity and market stability.
- *Institutional Interest*: BlackRock's move reflects growing institutional interest in cryptocurrencies, particularly Ethereum, as a key platform for decentralized finance and smart contracts.
The investment also highlights BlackRock's strategic commitment to digital assets and its expectation of long-term growth in the Ethereum ecosystem ⁴.