#BlackRockETHPurchase #BlackRock has significantly increased its #Ethereum holdings, signaling a strong institutional interest in the cryptocurrency.
📰 Key Developments
$50 Million Ethereum Purchase: On June 4, 2025, BlackRock acquired $50 million worth of #Ethereum , as reported by Arkham's monitoring data .
Strategic Shift from Bitcoin to Ethereum: Recent reports indicate that #BlackRock sold approximately 1,249.683 BTC and acquired 27,241 ETH, suggesting a strategic reallocation of assets .
Increased Ethereum Accumulation: Since May 11, 2025, BlackRock has purchased 214,000 ETH, amounting to over $560 million, reflecting a growing confidence in Ethereum's long-term value .
Ethereum ETF Inflows: On June 5, 2025, BlackRock's Ethereum ETF recorded a significant daily inflow of $73.2 million, highlighting increased institutional interest in Ethereum-backed ETFs .
📈 $ETH Market Snapshot
Note: Market data is as of June 5, 2025, and is subject to change.
📸 Visual Highlights
BlackRock's Ethereum Acquisition:
Ethereum Price Rally Amid BlackRock's Investment:
BlackRock's Dual Investment in BTC and ETH:
BlackRock's Ethereum Buying Spree:
BlackRock's Strategic Move into Ethereum: