✅ What’s Verified

According to a post on X by Cointelegraph, BlackRock purchased 11,185 ETH (approximately $27.2 million) via Coinbase Prime—recorded that transaction on-chain .

Other sources show that BlackRock made multiple Ethereum purchases in May and June, including:

$20.1 M) on May 6 .

$34.7 M worth of ETH on June 6 (~13K ETH) .

11,185 ETH (~$27.2 million) purchase is legit and part of larger moves.

BlackRock has made multiple multi-million-dollar ETH buys, plus near-$1 billion combined exposure to BTC & ETH in May .

Institutional buys via spot ETFs signal a broader shift—not just one-off trades.