Crypto

BlackRock Drops $896.5M on Bitcoin and Ethereum

Guavy AI Editorial Team Published August 10, 2026

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BlackRock has invested heavily in Bitcoin and Ethereum, committing a combined $896.5 million to the two leading cryptocurrencies.

The investment manager purchased approximately $693.5 million worth of Bitcoin and $203 million worth of Ethereum, according to reported figures.

This highlights continued participation by major financial institutions in the cryptocurrency market despite ongoing fluctuations in digital-asset prices.

The Wire

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