Skip to content

To keep going please Log in.

Sign Up Sign In
or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

To keep going please Sign up.

Sign Up Sign In
or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

BlackRock just bought $357 million of these 2 cryptocurrencies

BlackRock just bought $357 million of these 2 cryptocurrencies

BlackRock, the world’s largest asset manager with over $11.5 trillion in assets under management, has once again demonstrated its deepening commitment to digital assets.

According to on-chain data, BlackRock recently acquired 2,704 BTC (worth approximately $283.9 million) and 28,239 ETH (valued at $73.2 million).

BlackRock’s iShares Bitcoin Trust ETF (IBIT) sees record inflows

This strategic accumulation comes as BlackRock’s iShares Bitcoin Trust ETF (IBIT) rapidly climbs the ranks, now sitting among the top 25 ETFs globally by assets under management, with $72.4 billion amassed in just 1.4 years. 

Bloomberg ETF analyst Eric Balchunas highlighted IBIT’s “record-setting” inflows, $15.5 billion in just the first three months, putting it among the top ten ETFs in history for consistent inflow streaks.

In a further sign of institutional momentum, the Moscow Exchange (MOEX) announced it would debut Bitcoin futures linked to BlackRock’s IBIT ETF, available to accredited investors starting June 4, 2025. 

This offers Russian institutional clients a regulated channel to gain exposure to Bitcoin without holding the asset directly via a product tied to the world’s most dominant Bitcoin ETF.

Featured image via Shutterstock

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users worldwide
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Latest posts

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Trade, Swap & Stake Crypto on Uphold

Buy, sell, and swap crypto. Stake crypto, earn rewards and securely manage 300+ assets—all in one trusted platform. Terms apply. Capital at risk.

Get Started

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.