$SOL
🌐 BlackRock and Global Institutions Intensify Bets on Cryptocurrencies: Ethereum, Solana, and Bitcoin Lead
The crypto market is experiencing a historic moment with the aggressive entry of global institutional funds, led by BlackRock, into digital assets such as Ethereum (ETH), Solana (SOL), and Bitcoin (BTC). This movement signals a structural change in how the sector is perceived by large investors.
🪙 Ethereum: Institutional Gateway
BlackRock acquired 9,680 units of Ethereum, totaling about $25.3 million in just 24 hours. The purchase was made through the ETHA ETF, which already accumulates billions in assets under management. ETH surpassed $3,000 again, driven by inflows into ETFs and expectations of new updates on the network.
⚡ Solana and Bitcoin: Volume Doubled Compared to Ethereum
Despite Ethereum's prominence, the inflow volumes for Solana and Bitcoin were even more significant. According to market estimates, the combined volume of SOL and BTC was double that recorded in ETH divided by two, representing overwhelming institutional strength in these two assets.
- Solana received billion-dollar investments with the expansion of BlackRock's BUIDL fund to its blockchain, moving $1.7 billion in tokenized assets.
- Bitcoin surpassed $122,000 and already accounts for over 700,000 BTC under management in BlackRock's IBIT ETF.
🏦 What Is Behind This Wave?
- Tokenization of assets: Solana has become one of the main platforms for tokenized funds, attracting managers like BlackRock and Franklin Templeton.
- High liquidity and appreciation: Bitcoin exceeded the trading volume of Nvidia shares, showing increasing institutional appetite.
- Strategic diversification: BlackRock bets on multiple assets, consolidating a multi-asset approach focused on efficiency and yield.