In a new step that reflects the confidence of major institutions in the cryptocurrency market, BlackRock, the world's largest asset manager, on May 19, 2025, purchased 2,870 Bitcoin and 5,490 Ethereum through its spot exchange-traded funds (Spot ETFs) ⚡.
This strong move reflects an upward trend towards the adoption of digital assets by major players in the global financial market 🌍. Such deals are seen as direct support for Bitcoin (BTC) and Ethereum (ETH) in their quest for wider adoption and increased trust among traditional investors and major banks 🏦.
A purchase of this size is not considered just a regular investment, but rather a clear signal that cryptocurrencies are beginning to become part of the long-term investment strategy of giant institutions 📈.
Will we see more institutions follow in BlackRock's footsteps? The coming days may hold many surprises.
