BlackRock Spot ETFs Acquire $1.26 Billion in Bitcoin and Ethereum

BlackRock's spot ETFs made significant acquisitions on July 16, purchasing 6,490 Bitcoin valued at $763.9 million and 159,100 Ethereum worth $499.2 million. This substantial investment underscores BlackRock's continued interest in cryptocurrency assets, with the total purchase amounting to approximately $1.26 billion.

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