Why Is BlackRock Buying Ethereum? A Closer Look At Institutional Crypto Investment Trends
BlackRock, the world’s largest asset manager, made waves in the crypto space with a reported $34.7 million Ethereum (ETH) purchase on June 6, 2025. This move aligns with 14 consecutive days of Ethereum ETF inflows, highlighting a shift in institutional investment toward digital assets. But what does this mean for Ethereum and the broader crypto market?
BlackRock’s Strategic Ethereum Investment
Blockchain analytics indicate BlackRock now holds approximately 1.4 million ETH, positioning it among the top institutional holders. This significant accumulation reflects a deliberate strategy, building on BlackRock’s earlier success with its iShares Bitcoin Trust (IBIT) and its USD Institutional Digital Liquidity Fund on Ethereum’s…
