BlackRock has significantly increased its exposure to Ethereum, acquiring 589,150 Ether valued at roughly $1.48 billion over the past two months, according to figures circulated on 6 July. The latest purchases bring the asset-management giant’s total Ether holdings to about $4.38 billion, representing a 42.8% share of the tracked market. The rapid accumulation highlights rising institutional interest in Ethereum as the second-largest cryptocurrency by market value.
BlackRock now holds $4.38 billion worth of $ETH. Their market share is 42.8%. TOTAL DOMINATION! https://t.co/oZzEJix45y
In the past 2 months, BlackRock have purchased 589,150 ETH ($1.5B) https://t.co/jIUROyLtfB
BLACKROCK ACCUMULATES 589,150 ETH IN TWO MONTHS Asset management giant BlackRock has purchased 589,150 Ethereum (ETH) worth approximately $1.48 billion over the past two months. The aggressive accumulation signals growing institutional confidence in Ethereum's long-term value. https://t.co/g90oP5s1ZZ https://t.co/rRtwBRdnLT