BlackRock Buys $1.17 Billion of $BTC and $ETH in 48 Hours BlackRock’s ETF wallets have received large inflows over the past two days. According to on-chain data from Lookonchain: > 11,098 BTC (approximately $852 million)
> 132,769 ETH (approximately $316 million)
The combined total reaches roughly $1.17 billion. The transfers show multiple batches of Bitcoin moving from Coinbase Prime into BlackRock’s IBIT wallets, alongside Ethereum flowing into its ETHA-related addresses. This activity aligns with the strong weekly ETF inflows reported earlier, including the $1.92 billion week for Bitcoin products. The size of the two-day buying stands out as one of the larger institutional accumulation periods in recent months and comes as Bitcoin has rebounded sharply and overall market sentiment has improved. A clear signal of continued large-scale demand through BlackRock’s Bitcoin and Ethereum ETFs. #BTC Price Analysis# $BTC $ETH #ETFs #Ethereum
> 132,769 ETH (approximately $316 million)
The combined total reaches roughly $1.17 billion. The transfers show multiple batches of Bitcoin moving from Coinbase Prime into BlackRock’s IBIT wallets, alongside Ethereum flowing into its ETHA-related addresses. This activity aligns with the strong weekly ETF inflows reported earlier, including the $1.92 billion week for Bitcoin products. The size of the two-day buying stands out as one of the larger institutional accumulation periods in recent months and comes as Bitcoin has rebounded sharply and overall market sentiment has improved. A clear signal of continued large-scale demand through BlackRock’s Bitcoin and Ethereum ETFs. #BTC Price Analysis# $BTC $ETH #ETFs #Ethereum