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by: xpoolPosted on: June 12, 2025

BlackRock Invests $163 Million in Ethereum Through Spot ETF

BlackRock, the world’s largest asset manager, has invested $163.6 million in Ethereum through its spot-exchange traded fund (ETF). The company purchased 58,100 ETH on June 11th, signaling growing institutional interest in the cryptocurrency. This significant move underscores the increasing recognition of Ethereum as a legitimate asset within traditional finance.

Related posts:

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  3. Ether Witnessing Growth Driven by Institutional Investment
  4. Ethereum’s Promising Outlook for 2025: Institutional Interest Fuels Optimism
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