Bitcoin ETF

Bitcoin

Arkham

BlackRock

<p>BlackRock, the world’s largest asset manager, has made a big push into major cryptocurrencies. As per the data of Arkham Intelligence, the company has bought&nbsp; $1 billion worth of Bitcoin within just 48 hours.&nbsp;</p>
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 <figure class="aligncenter size-large"><img decoding="async" width="628" height="484" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/BlackRock-Bought-BTC-628x484.png" alt="BlackRock Bought BTC" class="wp-image-224432">
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   BlackRock Bought BTC, Source: <a href="https://x.com/arkham/status/1869415312182947866" target="_blank" data-type="link" data-id="https://x.com/arkham/status/1869415312182947866" rel="noopener noreferrer nofollow">X</a>
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<p>In the last 24 hours, Bitcoin’s price ranged between a low of $103,187.94 and a high of $107,658.86, and it’s currently priced at $104,692.52. With the average price of Bitcoin being $103,187.94, BlackRock’s $1 billion purchase might have resulted in acquiring approximately 9,695 BTC.</p>
<p>In recent time,&nbsp; the company <a href="https://x.com/BitcoinMagazine/status/1869125598549061661" target="_blank" rel="noopener noreferrer nofollow">released</a> a short video educating people about Bitcoin and suggested investors could consider putting up to 2% of their portfolio into the cryptocurrency.</p>
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 <figure class="aligncenter size-large"><img decoding="async" width="784" height="484" src="https://www.cryptotimes.io/wp-content/uploads/2024/12/iShares-Ethereum-holdings-784x484.png" alt="iShares Ethereum holdings" class="wp-image-224447">
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   iShares Ethereum holdings
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<p>Additionally, BlackRock’s iShares Ethereum Trust now holds over 1 million ETH (Ethereum), valued at about $4.04 billion. This highlights BlackRock’s growing interest in digital assets.</p>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 <p>Also Read: <a href="https://www.cryptotimes.io/2024/12/03/blackrocks-bitcoin-etf-now-holds-500000-btc-worth-47-7b/" target="_blank" rel="noopener noreferrer nofollow">BlackRock’s Bitcoin ETF Now Holds 500,000 BTC, Worth $47.7B</a></p>
</blockquote>

BlackRock Bought $1 Billion in Bitcoin in Just 48 Hours

The Crypto Times

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