The post BlackRock bought 4x more of this crypto than Bitcoin last week appeared on BitcoinEthereumNews.com.

BlackRock is ramping up its Ethereum exposure at a pace that far outstrips its Bitcoin allocation. The world’s largest asset manager purchased more than $1.2 billion worth of Ethereum (ETH) between July 22 and July 28, compared to just $267 million in Bitcoin (BTC) over the same period, according to on‑chain data from Arkham. The data shows multiple large‑block transfers of 10,000 ETH each (approximately $36–37 million) from Coinbase Prime hot wallets to BlackRock‑controlled wallets, alongside several smaller inflows, including a single 177,500 ETH transaction worth $655.9 million. BLACKROCK BOUGHT OVER 4X AS MUCH ETH VS BTC LAST WEEK BlackRock purchased over $1.2 BILLION of ETH last week, against only $267M of BTC. This is what it looks like when institutions allocate to ETH. pic.twitter.com/G7uh860hLR — Arkham (@arkham) July 29, 2025 Ethereum price performance At the time of writing, Ethereum trades at $3,812.42, up 3.14% over the past week, while Bitcoin trades at $118,356.67, down 0.11% over the same period. The scale of these inflows adds weight to the narrative that Ethereum is emerging as a preferred institutional play. While Bitcoin remains a dominant store‑of‑value asset, Ethereum’s utility‑driven demand profile appears to be resonating with asset managers seeking diversified crypto exposure. The takeaway? BlackRock’s crypto acquisition activity reinforces the narrative of Ethereum evolving from an alternative to Bitcoin into a core holding in institutional crypto strategies. Source: https://finbold.com/blackrock-bought-4x-more-of-this-crypto-than-bitcoin-last-week/

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Filed under: News - @ July 30, 2025 9:26 am