🚀 Institutional Buy Alert – BlackRock adds $217 million into BTC & ETH through spot ETF

🔸 On July 7, 2025, BlackRock invested $217 million into the crypto market through spot ETF funds:

$164.3 million (1,388 BTC) was purchased through iShares Bitcoin Trust (IBIT), bringing total holdings to 700,307 BTC.

$53.2 million (20,955 ETH) was purchased through iShares Ethereum Trust (ETHA), accounting for approximately 1.5% of total ETH supply.

🔍 Significant meaning:

IBIT has become the largest Bitcoin spot ETF by AUM, proving that BlackRock has deep confidence in the role of BTC as a "macro hedge."

This move continues to affirm the strong institutional capital flow into crypto, especially into BTC & ETH – two top-tier blockchain assets.

📊 Market impact:

IBIT reached a record trading volume of $2.3 billion on July 7, reflecting significant interest from investors finbold.com.

The steady increase in holdings in both funds shows a risk diversification strategy and long-term confidence.

🔔 In summary: BlackRock continues to buy heavily into BTC & ETH — this is a clear signal of the accelerating wave of institutional investment. This large capital flow could be the next catalyst for price increases in the market – especially if retail investors follow suit — stay closely tuned to funds like IBIT & ETHA to catch the trend!

#Bitcoin #Ethereum #InstitutionalMoney #BlackRock #BinanceSquare