#BlackRockETHPurchase BlackRock, the world's largest asset manager, has made significant purchases of Ethereum (ETH) recently. Here are the key updates ¹ ² ³:

- *Recent Purchases*: BlackRock bought $50 million worth of Ethereum on June 3, 2025, with transactions ranging from 9,000 to 58,000 ETH, valued between $23 million and $61 million.

- *Consecutive Inflows*: BlackRock's Ethereum ETF has seen 12 consecutive days of inflows, adding 27,846 ETH worth $73 million, bringing total holdings to $3.93 billion.

- *Total Holdings*: The firm has accumulated over 214,000 ETH, worth approximately $560 million, in just one week, signaling growing institutional confidence in Ethereum.

- *Market Impact*: Ethereum's price has been consolidating between $2,500 and $2,700, but the steady inflows into Ethereum ETFs suggest a potential breakout.

- *Institutional Interest*: Other major firms like Fidelity are also driving Ethereum ETF inflows, with both companies purchasing a combined $78 million worth of Ethereum on June 2.

These purchases indicate BlackRock's strategic commitment to Ethereum, positioning itself ahead of potential market shifts. With growing institutional interest and steady inflows, Ethereum's price could see significant movement soon ² ³.