Browsing: institutional crypto buying

In a significant move that highlights the growing interest in crypto assets, BlackRock ETH deposit of 24,791 ETH into Coinbase Prime, valued at $78.3 million, has caught the attention of investors and analysts alike.As a major player in the financial market, BlackRock’s venture into Ethereum investments is expected to impact the ETH market profoundly.

BlackRock Bitcoin investment is making headlines as the financial giant recently acquired an impressive amount of cryptocurrency through a Coinbase transaction.In a bold move, BlackRock received 153.83 BTC valued at $14.22 million and 16,930 ETH worth $53.26 million, collectively totaling $67.48 million in inflows.