BlackRock Makes Significant Cryptocurrency Acquisitions

Cryptocurrency exchange activity has been observed, as BlackRock has recently acquired substantial crypto holdings. In the last 10 minutes alone, the firm transferred $27.51 million worth of Bitcoin (300 BTC) and $50.64 million worth of Ethereum (16,629 ETH) from a centralized exchange (CEX). Over the past three days, BlackRock has amassed an impressive total of 4,044 BTC worth $354 million and 80,121 ETH worth $235 million. This activity sheds light on growing interest in digital assets by major financial institutions.