BlackRock Doubles Down: $240M in Bitcoin, $54M in Ethereum Bought Today

The post BlackRock Doubles Down: $240M in Bitcoin, $54M in Ethereum Bought Today appeared first on Coinpedia Fintech News

Asset management giant BlackRock made major moves today, purchasing $240 million worth of Bitcoin and an additional $54 million in Ethereum. These large-scale acquisitions signal BlackRock’s growing confidence in the long-term value of digital assets. With institutional demand heating up, the company’s aggressive buying spree adds weight to the ongoing crypto market rally. BlackRock’s latest crypto bets may further legitimize Bitcoin and Ethereum in the eyes of traditional investors.