BlackRock just bought $357 million of these 2 cryptocurrencies
BlackRock, the world’s largest asset manager with over $11.5 trillion in assets under management, has once again demonstrated its deepening commitment to digital assets. According to on-chain data, BlackRock recently acquired 2,704 BTC (worth approximately $283.9 million) and 28,239 ETH (valued at $73.2 million). BlackRock bought 2,704 Bitcoin pic.twitter.com/Y8xzZ1RppT — Quinten | 048.eth (@QuintenFrancois) June 5, 2025 BlackRock’s iShares Bitcoin Trust ETF (IBIT) sees record inflows This strategic accumulation comes as BlackRock’s iShares Bitcoin Trust ETF (IBIT) rapidly climbs the ranks, now sitting among the top 25 ETFs globally by assets under management, with $72.4 billion amassed in just 1.4 years. Bloomberg ETF analyst Eric Balchunas highlighted IBIT’s “record-setting” inflows, $15.5 billion in just the first three months, putting it among the top ten ETFs in history for consistent inflow streaks. Here's a table of the Top 25 bi...