BlackRock just keeps buying… day after day 👀.
For 8 straight trading days, BlackRock has apparently been stacking both $BTC and $ETH , and the numbers are getting pretty wild.
Over those 8 trading days, the reported accumulation adds up to a massive 27,722 BTC, worth around $2.2B, alongside 385,633 ETH, worth roughly $961M. That’s more than $3.1B flowing into BTC and ETH in a little over a week. Not bad for what was supposed to be a “quiet” market, huh?
One thing worth remembering though: these purchases are generally tied to demand flowing into BlackRock’s crypto ETFs, rather than BlackRock simply deciding to YOLO billions into crypto on its own.
Still... 8 straight days of buying is a pretty loud signal.
For 8 straight trading days, BlackRock has apparently been stacking both $BTC and $ETH , and the numbers are getting pretty wild.
Over those 8 trading days, the reported accumulation adds up to a massive 27,722 BTC, worth around $2.2B, alongside 385,633 ETH, worth roughly $961M. That’s more than $3.1B flowing into BTC and ETH in a little over a week. Not bad for what was supposed to be a “quiet” market, huh?
One thing worth remembering though: these purchases are generally tied to demand flowing into BlackRock’s crypto ETFs, rather than BlackRock simply deciding to YOLO billions into crypto on its own.
Still... 8 straight days of buying is a pretty loud signal.
