BlackRock just bought $916 million of these two cryptocurrencies
2025-07-17 11:07:42
Main Idea
BlackRock has significantly increased its investments in Bitcoin and Ethereum, adding $416 million in BTC and $499.2 million in ETH, expanding its crypto portfolio to over $91 billion.
Key Points
1. BlackRock's Bitcoin holdings surged from 694,100 BTC ($75.23B) on July 1 to 716,490 BTC ($84.34B) by July 17, a 3.23% increase.
2. The firm now holds $85.47 billion in Bitcoin, representing roughly 3.6% of the current circulating supply.
3. BlackRock's Ethereum holdings increased by 17%, from 1.73 million ETH to 2.02 million ETH, with a record purchase of $499.2 million ETH on July 16.
4. The asset manager also made minor investments in micro-cap tokens like MOG and IMAGE and increased its SPX exposure by nearly 19.4%.
5. Overall, BlackRock’s on-chain portfolio expanded by over $12 billion between July 1 and July 17, 2025, rising from $79.55 billion to 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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