BlackRock’s $547M Ethereum Bet Signals Bold Pivot, 5x Heavier ETH Focus Than Bitcoin
The post BlackRock’s $547M Ethereum Bet Signals Bold Pivot, 5x Heavier ETH Focus Than Bitcoin appeared on BitcoinEthereumNews.com. Key Takeaways: BlackRock invested $547 million in Ethereum in a single day, outpacing its Bitcoin buy by $50 million. ETH purchases are 5x larger than BTC when adjusted by market cap, according to Arkham Intelligence. ETF staking proposals and institutional demand are pushing Ethereum ahead in the battle for Wall Street’s crypto attention. In a move that sent ripples through institutional crypto markets, BlackRock has significantly increased its Ethereum exposure, acquiring $547 million worth of ETH, surpassing its Bitcoin inflows by $50 million on July 17. The purchase, tracked by Arkham Intelligence, signals a growing strategic preference for Ethereum over the long-dominant Bitcoin. Read More: BlackRock’s Bold $85M Ethereum Buy Hints at Crypto Confidence Surge Post-ETF Turnaround Ethereum Dominates BlackRock’s Crypto Allocation BlackRock’s Ethereum acquisition now totals over $547 million, while Bitcoin inflows trail at $497 million, data from Arkham Intelligence confirms. When adjusted for market cap, this equates to a fivefold higher ETH allocation, a striking reversal in institutional crypto norms. The pattern appears deliberate. Rather than opportunistic buying, the firm’s systematic accumulation of ETH over July suggests long-term positioning. On July 16 alone, BlackRock added $499.2 million worth of ETH, increasing its total ETH holdings to 2.02 million, valued at $6.94 billion. “Weighted by market cap, BlackRock is buying over 5 TIMES the amount of ETH compared to BTC,” Arkham noted in a post on X. A Broader Shift in Institutional Sentiment BlackRock ETH plan is not taking place in a vacuum. Institutional flows into ETH-focused products have increased 32% month-over-month, according to CoinShares. Meanwhile, BTC fund inflows have stagnated, despite a generally bullish market. In early July, BlackRock held $156 million in ETH, surpassing its $125 million BTC position. That gap has since widened to $50 million, and the current positions indicate that ETH could soon be…
The post BlackRock’s $547M Ethereum Bet Signals Bold Pivot, 5x Heavier ETH Focus Than Bitcoin appeared on BitcoinEthereumNews.com.
Key Takeaways: BlackRock invested $547 million in Ethereum in a single day, outpacing its Bitcoin buy by $50 million. ETH purchases are 5x larger than BTC when adjusted by market cap, according to Arkham Intelligence. ETF staking proposals and institutional demand are pushing Ethereum ahead in the battle for Wall Street’s crypto attention. In a move that sent ripples through institutional crypto markets, BlackRock has significantly increased its Ethereum exposure, acquiring $547 million worth of ETH, surpassing its Bitcoin inflows by $50 million on July 17. The purchase, tracked by Arkham Intelligence, signals a growing strategic preference for Ethereum over the long-dominant Bitcoin. Read More: BlackRock’s Bold $85M Ethereum Buy Hints at Crypto Confidence Surge Post-ETF Turnaround Ethereum Dominates BlackRock’s Crypto Allocation BlackRock’s Ethereum acquisition now totals over $547 million, while Bitcoin inflows trail at $497 million, data from Arkham Intelligence confirms. When adjusted for market cap, this equates to a fivefold higher ETH allocation, a striking reversal in institutional crypto norms. The pattern appears deliberate. Rather than opportunistic buying, the firm’s systematic accumulation of ETH over July suggests long-term positioning. On July 16 alone, BlackRock added $499.2 million worth of ETH, increasing its total ETH holdings to 2.02 million, valued at $6.94 billion. “Weighted by market cap, BlackRock is buying over 5 TIMES the amount of ETH compared to BTC,” Arkham noted in a post on X. A Broader Shift in Institutional Sentiment BlackRock ETH plan is not taking place in a vacuum. Institutional flows into ETH-focused products have increased 32% month-over-month, according to CoinShares. Meanwhile, BTC fund inflows have stagnated, despite a generally bullish market. In early July, BlackRock held $156 million in ETH, surpassing its $125 million BTC position. That gap has since widened to $50 million, and the current positions indicate that ETH could soon be…
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