BlackRock significantly increases holdings of BTC and ETH, deposits tens of millions of dollars into a compliant platform

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【Chain News】According to on-chain data monitoring, BlackRock recently made a significant move — transferring 635.16 Bitcoins to a well-known compliant platform, valued at over $56 million based on current prices. At the same time, they transferred 30,827.68 Ethereum, corresponding to a scale of over $91 million. What’s more interesting is that this is not the end — there may be more assets flowing in the future.

This operation has attracted considerable attention. From on-chain data, it is clear that BlackRock’s activity in crypto asset allocation has accelerated significantly, and such large transfers often reflect institutional attitudes towards the market. Especially in the current market environment, such actions undoubtedly send a positive signal to the market.

For exchange users, observing institutional-level movements can always provide some market insights. As one of the world’s largest asset management firms, BlackRock’s allocation strategy in crypto assets often represents traditional financial institutions’ recognition of this market.

BTC0,58%
ETH1,3%
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LuckyBearDrawervip
· 10h ago
Is it so straightforward for big institutions to enter the market? But then again, this pace is indeed a bit fierce. BlackRock seems to be going all in. Wait, are there more to come? Then I have to get nervous; it feels like we're about to take off. Both BTC and ETH, these two together are just too perfect. Do they really treat us retail investors as air? Alright, I believe you this time. A compliant platform taking over tens of millions of dollars—what does that mean? It means the big players are really betting on the future. If this move still drops, I’ll laugh. If institutions are so optimistic, how could it still fall?
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MetaverseLandlordvip
· 10h ago
The big whale is back to stock up again, this time directly pouring over 100 million, Old Black is not playing 🎯
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GateUser-9f682d4cvip
· 10h ago
BlackRock's move this time is really impressive; pouring in tens of millions is no joke.
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HodlAndChillvip
· 10h ago
Blackstone's recent move really can't be held back anymore, directly pouring in so much BTC and ETH. It seems traditional finance also has to bow down.
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