🚨ETHEREUM and BlackRock..
Hello everyone!
Let's try to understand a little who #blackRock is and how they are beginning to be whales of #Ethereum ..
BlackRock is the largest asset manager in the world, founded in 1988, with over $10T in AUM, specializing in ETFs and investments.
Their purchases in #ETH come from inflows to IShares Ethereum Trust (ETH) ETF, for example, $520 million just on August 15, 2025, as investors buy shares; BlackRock acquires ETH to back them, betting on the growth of Crypto.
ETH is undervalued due to its dominance in DeFi, low ETH/BTC ratio (historically ~ 0.03 compared to peaks of 0.15), scaling upgrades, and ETF-driven demand, with analysts looking at $8K+ targets amid $3B+ inflows in August.
Finally, BlackRock bought $2.32 billion worth of ETH this week in Ethereum, meanwhile, they only bought $887 million in #BTC this week.
They know that ETH is very undervalued.
Will ETH reach $10,000 in this #Altseason ?