BlackRock Acquires Significant Cryptocurrency Holdings

BlackRock has recently made notable cryptocurrency investments, acquiring substantial amounts of Bitcoin (BTC) and Ethereum (ETH). According to BlockBeats’ on-chain data analysis, the firm acquired 300 BTC worth $27.51 million in a recent transaction from a centralized exchange (CEX), and an additional 16,629 ETH worth $50.64 million in the last three days. Over these periods, BlackRock has accumulated a total of 4,044 BTC valued at $354 million, and 80,121 ETH valued at $235 million.