🚨Wall Street Goes On-Chain: BlackRock, Morgan Stanley and Bitmine Pour Billions Into Crypto This Week $BREW $QI
Institutional giants dominated on-chain activity this week. BlackRock led the charge, acquiring over **$1.5 billion** in Bitcoin and Ethereum through its spot ETFs, while **Morgan Stanley's** MSBT Bitcoin ETF took in **1,100 BTC** (~$93.9 million) from Coinbase Prime—its largest single inflow yet. Bitmine Immersion added 27,562 ETH (~$74 million), with Chairman Tom Lee declaring a new crypto bull market underway.
Venture activity was equally strong. Hashed and Thoro Capital anchored a $300 million** digital asset private credit fund, while **Breed VC** raised **$15 million for its second crypto fund targeting early-stage startups.
On the corporate side, Strategy (MicroStrategy) added 950 BTC (~$80.8 million), bringing its total to **846,000 BTC**. Meanwhile, Ethereum whales continued accumulating, with one ICO-era wallet buying **8,492.8 ETH** (~$23.7 million).
The takeaway: Smart money isn't waiting—it's buying, building, and lending on-chain at scale.
Institutional giants dominated on-chain activity this week. BlackRock led the charge, acquiring over **$1.5 billion** in Bitcoin and Ethereum through its spot ETFs, while **Morgan Stanley's** MSBT Bitcoin ETF took in **1,100 BTC** (~$93.9 million) from Coinbase Prime—its largest single inflow yet. Bitmine Immersion added 27,562 ETH (~$74 million), with Chairman Tom Lee declaring a new crypto bull market underway.
Venture activity was equally strong. Hashed and Thoro Capital anchored a $300 million** digital asset private credit fund, while **Breed VC** raised **$15 million for its second crypto fund targeting early-stage startups.
On the corporate side, Strategy (MicroStrategy) added 950 BTC (~$80.8 million), bringing its total to **846,000 BTC**. Meanwhile, Ethereum whales continued accumulating, with one ICO-era wallet buying **8,492.8 ETH** (~$23.7 million).
The takeaway: Smart money isn't waiting—it's buying, building, and lending on-chain at scale.
