BlackRock just bought $916 million of these 2 cryptos
2025-07-17 10:43:45
Main Idea
BlackRock has significantly increased its Bitcoin and Ethereum holdings, reinforcing its dominant position in the cryptocurrency market.
Key Points
1. BlackRock's Bitcoin holdings surged by 22,390 BTC (3.23%) from July 1 to July 17, 2025, now totaling 716,490 BTC worth $85.47 billion.
2. The asset manager's Ethereum holdings increased by 17%, adding over $2.5 billion, with a record single-day purchase of $499.2 million ETH on July 16.
3. BlackRock now holds roughly 3.6% of Bitcoin's circulating supply, outpacing most sovereign wealth funds and crypto-native treasuries.
4. The firm also expanded into micro-cap tokens like MOG and IMAGE and increased its SPX exposure by 19.4%.
5. BlackRock's on-chain portfolio grew by over $12 billion between July 1 and July 17, 2025, reaching above $91 billion.
Description
BlackRock , the world’s largest asset manager, has quietly deepened its bet on Bitcoin ( BTC ), adding approximately $416 million worth of the cryptocurrency on July 16. BLACKROCK IS BUYING $BTC BlackRock just bought $416M of Bitcoin. Current Holdings: $85.47B BTC (3.6% of circulating supply) pic.twitter.com/Xer5d1R4XK — Arkham (@arkham) July 16, 2025 According to on-chain data reviewed by Finbold, BlackRock’s total Bitcoin holdings surged from 694,100 BTC ($75.23B) on July 1 to 716,490 BTC ($84...
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- BlackRock just bought $916 million of these 2 cryptos2025-07-17 10:43:45