BlackRock Bets Big on Ethereum Over Bitcoin, Signaling A Shift
The post BlackRock Bets Big on Ethereum Over Bitcoin, Signaling A Shift appeared on BitcoinEthereumNews.com. BlackRock’s Ethereum purchases surpass $547M, outpacing Bitcoin by $50 million. Investment giant adds $499.2M worth of Ethereum on July 16, increasing holdings. Analyst Cas Abbé projects $4K ETH target within weeks using Wyckoff theory. BlackRock has purchased over $547 million worth of Ethereum, exceeding its Bitcoin inflows of $497 million by $50 million according to Arkham data. The investment manager’s ETH allocation strategy indicates stronger conviction in Ethereum compared to Bitcoin when adjusted for market capitalization differences. Weighted by market cap analysis reveals BlackRock is acquiring over five times the amount of Ethereum compared to Bitcoin, suggesting institutional preference for the second-largest cryptocurrency. This allocation pattern differs from typical investment approaches that favor Bitcoin as the primary digital asset exposure. BLACKROCK IS STILL BUYING MORE ETH THAN BTC BlackRock’s purchase of over half a billion dollars of ETH ($547M) exceeded its Bitcoin inflow ($497M) by $50 Million USD. Weighted by market cap, BlackRock is buying over 5 TIMES the amount of ETH compared to BTC. pic.twitter.com/fnvjvKXQ0N — Arkham (@arkham) July 18, 2025 Major July Acquisitions Drive Portfolio Expansion BlackRock’s spot Ethereum ETF secured 33,237 ETH for $85.4 million on July 3 and 50,970 ETH worth approximately $151.4 million on July 14. This shows sustained institutional demand beyond initial ETF launch periods. The largest single purchase occurred on July 16 when BlackRock added $499.2 million worth of Ethereum, increasing total holdings to 2.02 million ETH from 1.73 million previously. The 17% increase elevated the firm’s Ethereum portfolio value to $6.94 billion as of mid-July 2025. The purchase pattern shows systematic accumulation rather than opportunistic buying, suggesting long-term strategic positioning in Ethereum infrastructure. Ethereum Poised To Consolidate Post $4,000 Analyst Cas Abbé has identified Wyckoff distribution patterns in Ethereum price action that support bullish projections. His analysis suggests ETH could reach $4,000…
The post BlackRock Bets Big on Ethereum Over Bitcoin, Signaling A Shift appeared on BitcoinEthereumNews.com.
BlackRock’s Ethereum purchases surpass $547M, outpacing Bitcoin by $50 million. Investment giant adds $499.2M worth of Ethereum on July 16, increasing holdings. Analyst Cas Abbé projects $4K ETH target within weeks using Wyckoff theory. BlackRock has purchased over $547 million worth of Ethereum, exceeding its Bitcoin inflows of $497 million by $50 million according to Arkham data. The investment manager’s ETH allocation strategy indicates stronger conviction in Ethereum compared to Bitcoin when adjusted for market capitalization differences. Weighted by market cap analysis reveals BlackRock is acquiring over five times the amount of Ethereum compared to Bitcoin, suggesting institutional preference for the second-largest cryptocurrency. This allocation pattern differs from typical investment approaches that favor Bitcoin as the primary digital asset exposure. BLACKROCK IS STILL BUYING MORE ETH THAN BTC BlackRock’s purchase of over half a billion dollars of ETH ($547M) exceeded its Bitcoin inflow ($497M) by $50 Million USD. Weighted by market cap, BlackRock is buying over 5 TIMES the amount of ETH compared to BTC. pic.twitter.com/fnvjvKXQ0N — Arkham (@arkham) July 18, 2025 Major July Acquisitions Drive Portfolio Expansion BlackRock’s spot Ethereum ETF secured 33,237 ETH for $85.4 million on July 3 and 50,970 ETH worth approximately $151.4 million on July 14. This shows sustained institutional demand beyond initial ETF launch periods. The largest single purchase occurred on July 16 when BlackRock added $499.2 million worth of Ethereum, increasing total holdings to 2.02 million ETH from 1.73 million previously. The 17% increase elevated the firm’s Ethereum portfolio value to $6.94 billion as of mid-July 2025. The purchase pattern shows systematic accumulation rather than opportunistic buying, suggesting long-term strategic positioning in Ethereum infrastructure. Ethereum Poised To Consolidate Post $4,000 Analyst Cas Abbé has identified Wyckoff distribution patterns in Ethereum price action that support bullish projections. His analysis suggests ETH could reach $4,000…
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