BlackRock Doubles Down on Crypto: $430M Bitcoin, $52M Ethereum Buy

Despite a slight correction in the broader cryptocurrency market, institutional investors are showing unwavering commitment. BlackRock has just invested over $480 million into Bitcoin and Ethereum. 💰
Specifically, BlackRock purchased:
– $430.8 million worth of Bitcoin (BTC)
– $52.8 million worth of Ethereum (ETH).
This significant capital injection highlights the increasing confidence of institutional investors as they seize opportunities during market dips.