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Crypto

BlackRock Dumps $896M into BTC and ETH Amid Market Volatility

Guavy AI Editorial Team
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BlackRock has made significant investments in Bitcoin and Ethereum this week, 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.

The acquisitions highlight continued participation by major financial institutions in the cryptocurrency market despite ongoing fluctuations in digital-asset prices.

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