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BlackRock Bolsters Ethereum Holdings with Record $1.5 Billion Investment

Guavy AI Editorial Team
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BlackRock's Ethereum holdings have surged by $1.5 billion over the past 20 days, making it one of the largest Ethereum holding firms.

The data from Arkham Intelligence shows that BlackRock's ETHA fund purchased about $1.27 billion worth of Ethereum through consistent inflows, while its newer ETHB fund recorded inflows of around $296.5 million.

This brings the total purchases from both funds to approximately $1.57 billion, reflecting continued demand for Ethereum exposure through BlackRock's ETF products.

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