BlackRock just bought another $300 million worth of these two cryptos

BlackRock Crypto Buys $750M in Bitcoin and Ethereum

BlackRock (NYSE:BLK) has made waves in the cryptocurrency market with a massive two-day acquisition of Bitcoin (BTC) and Ethereum (ETH), demonstrating growing institutional confidence in digital assets. As adoption of crypto among major corporations heats up, BlackRock’s purchase signals that traditional finance is increasingly intertwining with the digital economy. Two-Day Buying Spree Bitcoin and Ethereum have seen price fluctuations recently,…

BlackRock just bought another $300 million worth of these two cryptos

BlackRock continues to demonstrate its dominance in the cryptocurrency market with another day of nine-figure inflows.  Namely, the world’s largest crypto fund added around $261 million worth of Ethereum (ETH), roughly 57,105 ETH, to its portfolio on August 27, according to data published by CoinGlass. On the same day, BlackRock bought an additional $52 million worth of Bitcoin (BTC), roughly 454 BTC in total. Altogether, Ethereum exchange-trade…