BlackRock ramps up Bitcoin and Ethereum buying, eight straight sessions total about $3.16B
BlackRock has extended its crypto buying streak to eight consecutive sessions, adding 27,722 BTC and 385,633 ETH, according to on-chain data. The purchases are valued at roughly $3.16B, pointing to sustained institutional demand for spot crypto exposure as the firm continues to channel liquidity through its IBIT and ETHA funds. In total, the world's largest asset manager has deployed about $2.2B into BTC and $961M into ETH to expand its crypto holdings.