BlackRock buys 27,700 BTC and 385,600 ETH over eight straight sessions

AI Market Summary

Reported sustained buying by BlackRock over eight consecutive sessions—27,700 BTC (~$2.2B) and 385,600 ETH (~$961M)—signals persistent institutional demand and tighter available float in the most liquid crypto assets. The scale and consistency can influence near-term positioning, liquidity conditions, and cross-asset sentiment across major tokens, with the most direct impact on Bitcoin given the larger notional accumulation.

Impact level

● High

Affected assets

BTC/USDT+3.10%

AI Insight · BTC/USDTAI Insight

▲ Bullish

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BlackRock has continued to add to its crypto holdings, buying Bitcoin and Ether for eight consecutive trading days, according to Lookonchain data cited by Odaily Planet Daily. Over the period, the firm accumulated 27,700 BTC valued at about $2.2 billion and 385,600 ETH worth roughly $961 million.

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