#BlackRockETHPurchase BlackRock Invests $50M in Ethereum: A New ETH Wave Incoming?

BlackRock has made headlines with a massive $50 million investment in Ethereum, confirmed by Arkham today. This move signals growing institutional confidence in ETH and may hint at future plans—possibly a Spot ETF or a long-term strategic position.

As one of the largest asset managers, BlackRock’s entry could ignite fresh momentum in Ethereum’s price action. Is this the beginning of a new institutional wave in crypto?

What’s your ETH price target now