#BlackRockETHPurchase signals a significant strategic shift in institutional crypto investment. In early June 2025, BlackRock sold approximately \$561 million worth of Bitcoin and acquired around 27,241 ETH valued at \$69.25 million through Coinbase Prime . This move aligns with their iShares Ethereum Trust ETF (ETHA), reflecting growing confidence in Ethereum's utility and DeFi potential .([thecryptobasic.com][1], [investopedia.com][2])

**#EthereumETF #InstitutionalCrypto #ETH #CryptoNews