BlackRock Buys $300M in Ethereum as Crypto ETF Inflows Return
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4 Articles
BlackRock Buys the Dip With $314 Million in Ethereum – U.Today – MAXBIT
BlackRock tops Ethereum holdings Ethereum price outlook Although the crypto market is down today, institutional interests in Ethereum appear unmoved. While Ethereum has seen its price trade in the red zone for the most part of the day, BlackRock has displayed resilience with another major ETH buy activity, according to data from Arkham Intelligence Firm....
BlackRock Buys $300M in Ethereum as Crypto ETF Inflows Return
BlackRock has increased its Ethereum holdings after multiple transactions cumulatively worth approximately $300 million. The purchase is another indication institutional demand activity. The shift indicates how large investors are considering Ethereum as a portfolio asset. Blackrock’s Ethereum Accumulation Points To Renewed Institutional Confidence Data from Arkham, a blockchain analytics platform, showed that the top asset The post BlackRock Bu…
BlackRock just spent over $300 million buying this crypto
The world’s largest investment firm, BlackRock, continues to flex its muscle in the cryptocurrency space through the steady accumulation of assets via spot exchange-traded funds (ETFs). To this end, data indicates that the company poured $314.9 million into its Ethereum spot ETF (ETHA) on August 25, marking one of the biggest single-day inflows since trading began. The move was part of a broader buying spree across multiple issuers. For instance…
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