BlackRock just bought another $300 million worth of these two cryptos

BlackRock continues to demonstrate its dominance in the cryptocurrency market with another day of nine-figure inflows. Namely, the world’s largest crypto fund added around $261 million worth of Ethereum ( ETH ), roughly 57,105 ETH, to its portfolio on August 27, according to data published by ￰0￱ the same day, BlackRock bought an additional $52 million worth of Bitcoin ( BTC ), roughly 454 BTC in total. Altogether, Ethereum exchange-traded funds ( ETFs ) now hold approximately $30 billion in assets under ￰1￱ ETFs , on the other hand, command north of $143 ￰2￱ IS BUYING $ETH FIDELITY IS BUYING $ETH GRAYSCALE IS BUYING $ETH NOT A SINGLE ETF SOLD $ETH ￰3￱ — Arkham (@arkham) August 27, 2025 Ethereum inflows still gaining momentum Steady inflows over the past week serve as evidence of growing institutional confidence in Ethereum.

Indeed, institutional demand has accelerated sharply in 2025, the result being that corporate treasuries now hold around 5% of the total ￰4￱ and Fidelity , for instance, reported a 65% surge in assets under management last quarter alone. Large-scale buying hasn’t been limited to funds, however, as whale wallets have seen record-breaking activity too, one address accumulating more or less $3 billion in a week after selling BTC to fund the ￰5￱ additional surge in appetite this month was in part due to the weakening of Bitcoin , which shifted attention toward Ethereum due to its yield ￰6￱ has also coincided with a price increase, as the cryptocurrency now sits above its 20-day moving average of $4,468, trading at $4,597 at the time of ￰7￱ price.