BlackRock’s Bold Bet on Ethereum: Over $750M Acquired in June Alone...

After tracking recent on-chain movements and reviewing insights from Arkham Intelligence and BlockBeats, it's clear that BlackRock is making a significant Ethereum play. In June alone, the world’s largest asset manager reportedly acquired over $750 million worth of ETH, without selling any of its holdings during this period.

This accumulation aligns with growing institutional interest in Ethereum, especially as anticipation around U.S. Ethereum spot ETFs continues to build. BlackRock’s ETH holdings—currently representing a major chunk of the ETH ETF market share—reflect not just confidence in the asset, but a calculated long-term strategy.

Interestingly, the firm’s on-chain activity indicates steady accumulation patterns, including a $500M bulk transfer spread across 10 days earlier in the month, and a $77M addition on June 4. All signs point to one thing: Ethereum is no longer just a tech community darling—Wall Street is getting serious.

For anyone watching the institutional adoption curve, this is a major signal. When giants like BlackRock double down without selling, it tells us they’re not here to trade—they’re here to stay.

Source: Binance Feed – BlackRock Ethereum Accumulation