#BlackRockETHPurchase
its true one that BlackRock's recent $50 million Ethereum (ETH) purchase, confirmed by Arkham Intelligence, underscores a significant institutional commitment to ETH. This move positions BlackRock as a prominent player in the Ethereum market, with its ETF, iShares Ethereum Trust (ETHA), amassing over $3.5 billion in ETH holdings, making it the 12th largest holder globally