BlackRock ramped up its exposure to digital assets this week, channeling more than $1 billion into Bitcoin (BTC) and Ethereum (ETH) through its spot exchange-traded funds (ETFs).
This move highlights the investment manager’s aggressive buying in 2026, which has contributed to a short-term rebound in the two leading assets.
The bulk of the inflows went into Bitcoin via BlackRock’s iShares Bitcoin Trust (IBIT), which recorded net purchases totaling roughly $1.04 billion over the five days from January 12 to January 16.
While the week included one day of notable outflows, sustained buying across the remaining sessions more than offset the dip. The most aggressive accumulation occurred midweek, when IBIT alone attracted over $600 million in a single session, coinciding with broader strength across spot Bitcoin ETFs.
BlackRock Ethereum inflows
Ethereum also saw meaningful capital allocation, with BlackRock’s iShares Ethereum Trust (ETHA) adding approximately $219 million worth of Ether over the same period.
After starting the week with modest net outflows, ETHA reversed course, posting consecutive days of solid inflows. A standout session saw ETHA pull in nearly $150 million in one day on January 15, marking one of its strongest daily performances in recent weeks.
Taken together, BlackRock’s Bitcoin and Ethereum purchases lifted combined crypto ETF exposure to about $1.25 billion for the week.
This accumulation occurred alongside broadly positive flows across the wider ETF market. Bitcoin spot ETFs recorded several strong inflow days earlier in the week before a sharp pullback in the final session, while Ethereum spot ETFs maintained a net positive balance overall despite uneven daily activity.
Impact on Bitcoin price
Indeed, the purchases coincided with Bitcoin’s continued push toward reclaiming the $100,000 mark, having at one point surged to $98,000 before retracing and holding the $95,000 support zone.
As of press time, the flagship cryptocurrency was trading at $95,093, having rallied almost 5% over the past week.
On the other hand, Ethereum is holding above the $3,000 support level and was valued at $3,309 at press time, a gain of more than 7% over the past week.
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