BlackRock Buys $276,200,000 Worth of Ethereum as ETH and Altcoins Attempt Recovery

Altcoin | February,5 2025
The largest asset manager in the world is buying the Ethereum dip to custody funds for its ETH-based exchange-traded fund (ETF). According to BlackRock’s data, the firm picked up 100,535 ETH – worth about $276.2 million at time of writing – for its iShares ETHA product. BlackRock holds a total of 1,352,934 ETH worth roughly […]
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