BlackRock has acquired $50 million worth of Ethereum, marking a significant investment by the financial giant in the second-largest cryptocurrency. The transactions, executed on Coinbase Prime, involved Ethereum amounts ranging from 9,000 to over 58,000 ETH, valued between $23 million and $61 million. This move underscores the growing interest of large corporations in digital assets. Data from CryptoQuant indicates a notable increase in Ethereum inflows to exchanges, with a peak of over 1.3 million ETH on June 1. Despite these substantial movements, Ethereum's price has remained stable, currently trading at $2,605.38, reflecting a 2.37% increase over the past 24 hours. The trading volume has also surged by 16.03%, reaching $18.15 billion.