BlackRock Doubles Down: $240M in Bitcoin, $54M in Ethereum Bought Today
Home/Short News/BlackRock Doubles Down: $240M in Bitcoin, $54M in Ethereum Bought Today Short News Qadir AK Qadir AK AuthorQadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space. Apr 26, 2025 09:32 UTC Less than a minute Asset management giant BlackRock made major moves today, purchasing $240 million worth of Bitcoin and an additional $54 million in Ethereum. These large-scale acquisitions signal BlackRock’s growing confidence in the long-term value of digital assets. With institutional demand heating up, the company’s aggressive buying spree adds weight to the ongoing crypto market rally. BlackRock’s latest crypto bets may further legitimize Bitcoin and Ethereum in the eyes of traditional investors. We'd Love to Hear Your Thoughts on This Article!Was this writing helpful?