BlackRock's cryptocurrency portfolio has surpassed $100 billion, fueled by record-breaking performances from Bitcoin and Ethereum. On August 14, 2025, Bitcoin reached a new all-time high of over $124,000 before stabilizing between $118,000 and $121,000. Ethereum also neared its 2021 peak, hitting almost $4,790. BlackRock's holdings have grown significantly, with Ethereum rising over 309% in dollar terms this year. The firm's total crypto holdings have increased by 124% since April, with Bitcoin comprising more than 85% of its allocation. Institutional inflows into Spot Bitcoin and Ethereum ETFs have bolstered this growth, underscoring BlackRock's market influence.