BlackRock buys over $90 million of these two cryptocurrencies in one day
BlackRock, the world’s largest asset manager, is hitting the headlines again with substantial Bitcoin (BTC) and Ethereum (ETH) net inflows recorded on July 11, 2025. According to Arkham Intelligence , BlackRock’s IBIT Bitcoin ETF (IBIT) acquired approximately 613 BTC, valued at around $66.75 million. In addition, the fund saw an inflow of another 9,680 ETH on the same day, worth about $25.3 million in total. IBIT inflows. Source: Arkham Intelligence With price appreciation taken into account, the numbers translate to a daily net increase of about $2.07 billion for the investment company’s crypto portfolio, as both BTC and ETH saw big gains. BlackRock now holds more than $80 billion in assets Thanks to the recent inflows, BlackRock’s Bitcoin ETF has surpassed $80 billion in assets under management, now holding over 700,000 BTC alone. This capital injection further underscores the growing institutional confidence in Bitcoin as a viable asset. Ind...