$ETH BlackRock Increases Its Holdings in Bitcoin and Ethereum – Is This a Bullish Indicator?
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💰 Details:
Data shows that BlackRock purchased 2,650 Bitcoin and 36,640 Ethereum through its exchange-traded funds (ETFs) on June 12, reflecting growing interest in digital assets.
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📌 Why Is This Important?
🔹 Continued inflow of institutional investments into Bitcoin and Ethereum
🔹 Boosts confidence in ETFs as a key financial instrument for digital assets
🔹 May indicate positive price expectations in the upcoming period