BlackRock Increases Ethereum Holdings with Significant Purchase

AI Summary

According to TechFlow, on July 18, blockchain analytics platform Lookonchain reported that BlackRock acquired an additional 158,875 Ethereum (ETH) valued at approximately $574 million. This purchase brings the institution's two-day total to 363,445 ETH, worth around $1.31 billion.

Currently, BlackRock's total Ethereum holdings have reached 2.46 million ETH, with an estimated value of $8.9 billion.