BlackRock just bought over $1 billion in these two cryptos

BlackRock is on a roll this week, with more than $1 billion in fresh Bitcoin ( BTC ) and Ethereum ( ETH ) inflows on Tuesday, October 7, ￰0￱ precisely, the asset manager added 7,579 BTC ($943.11 million) and 8,959 ETH ($89.49 million) in a single day, according to new Lookonchain data reviewed by ￰1￱ inflows came just 24 hours after another monster purchase , as BlackRock had also acquired 6,447 BTC ($805 million) and 45,672 ETH ($212.9 million) the day ￰2￱ the new capital, the fund’s total holdings have climbed to 791,347 BTC, worth around $98.48 billion, and 3,952,823 ETH, amounting to approximately $18.66 ￰3￱ and Ethereum ETF inflows.). BlackRock’s IBIT alone brought in 23,084 BTC ($2.82 billion), which is more than half of the entire ￰4￱ the same time, Ethereum ETFs have seen weekly net inflows of 232,736 ETH ($1.1 billion), with BlackRock’s ETHA contributing 158,794 ETH ($710 million), again over 50% of the ￰5￱ funds are posting record performances, both cryptocurrencies are down on the daily ￰6￱ fell 1.39%, trading at $122,460 at the time of writing, down from its Monday all-time high of $126,198.

Ethereum, on the other hand, has plunged over 4%, sitting at $4,480. BTC and ETH 1-day price charts.