BlackRock just bought another $300 million worth of these two cryptos
BlackRock continues to demonstrate its dominance in the cryptocurrency market with another day of nine-figure inflows. Namely, the world’s largest crypto fund added around $261 million worth of Ethereum (ETH), roughly 57,105 ETH, to its portfolio on August 27, according to data published by CoinGlass . On the same day, BlackRock bought an additional $52 million worth of Bitcoin (BTC), roughly 454 BTC in total. Altogether, Ethereum exchange-traded funds (ETFs) now hold approximately $30 billion in assets under management. Bitcoin ETFs, on the other hand, command north of $143 billion. BLACKROCK IS BUYING $ETH FIDELITY IS BUYING $ETH GRAYSCALE IS BUYING $ETH NOT A SINGLE ETF SOLD $ETH pic.twitter.com/BMJYFYfAQZ — Arkham (@arkham) August 27, 2025 Ethereum inflows still gaining momentum Steady inflows over the past week serve as evidence of growing institutional confidence in Ethereum. Indeed, institutional demand has accelerated sharply in 202...