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BlackRock's Bitcoin Stash Swells as Institutional Demand Surges

Guavy AI Editorial Team
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BTC ETH XRP
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BlackRock's aggressive accumulation of Bitcoin continues amid rising institutional demand signals. The investment giant has maintained its strong interest in the leading cryptocurrency, despite some market volatility.

A recent report noted that BlackRock's ETHA has bought approximately $13.9 million worth of Ethereum in its latest session, lifting total purchases over the past 20 trading days to $251.4 million.

Meanwhile, Grayscale Investments has boosted XRP exposure with a 26% portfolio allocation in its Digital Assets Next Gen model portfolios for financial advisors.

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