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BlackRock acquires $437.5M of Ethereum

Summary by World NEWS Live
Institutional demand for Ethereum grows as traditional giants seek exposure through regulated ETF products and enhanced portfolio diversification. Key Takeaways BlackRock made a large purchase of $437.5 million worth of Ethereum on Oct. 7. The acquisition was executed through BlackRock's spot ETF vehicle, emphasizing the rising role of ETFs in crypto markets. BlackRock, the world’s largest asset manager, acquired $437.5 million worth of Ethere…
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BlackRock acquires $437.5M of Ethereum

BlackRock's Ethereum acquisition signals increased institutional trust in crypto, potentially boosting market stability and mainstream adoption. The post BlackRock acquires $437.5M of Ethereum appeared first on Crypto Briefing.

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Crypto Briefing broke the news in on Wednesday, October 8, 2025.
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