The financial giant BlackRock has been actively accumulating Ethereum over the past few weeks, making regular and precise purchases. According to Arkham analysts, wallets associated with the company have acquired Ethereum worth approximately $570 million. Such a significant volume is a clear signal of BlackRock's serious interest in digital assets and growing faith in blockchain.
It is worth noting that this activity is not spontaneous but rather a well-considered strategy — the team is accumulating the asset with an eye on a long game to minimize the risks of cryptocurrency volatility. BlackRock demonstrates that institutional investors are increasingly breaking into DeFi and cryptocurrency, fueling hype and increasing trust in distributed ledger technologies.
