BlackRock Crypto Holdings Don Pass $100B as BTC, ETH Reach New ATHs
BlackRock crypto holdings don pass $100 billion, dem don reach $104 billion as Bitcoin (BTC) and Ethereum (ETH) dey rally reach record highs. Data from Arkham Intelligence confirm say BlackRock crypto holdings cross $100B wen BTC hit $124K and ETH nearly $4,790. Institutional inflows inside U.S. spot Bitcoin and Ethereum ETFs na drive much of the recent movement. The asset manager get 744,240 BTC (≈ $88.4 B) and 3.2 M ETH (≈ $14.8 B) now. For beginning of 2025, the crypto portfolio bin value $54 B, e drop to $46 B by April, then e jump 124% reach today peak. Bitcoin still dey over 85% of BlackRock allocation, while Ethereum holdings don grow 309% this year. This growth show say institutional demand dey increase and fit sustain bullish market vibes as digital assets dey chase new all-time highs.
Bullish
Di increase for BlackRock crypto holdings plus di BTC and ETH record high at di same time show say institutional demand strong. For history, big spot ETF inflows dey support sustained price rally, like how e happen after previous spot bitcoin ETF launch. BlackRock portfolio don grow 124% since April and ETH increase 309% for year-to-date show renewed confidence. For short term, if ETF inflow continue plus AUM dey rise, e go fuel bullish momentum. For long term, as more institution dey adopt and asset managers show interest, e fit improve market liquidity plus stability, which go reinforce overall positive outlook for crypto prices.