BlackRock recently invested $357 million in crypto, purchasing 2,704 BTC and 28,239 ETH, showcasing institutional confidence in digital assets.
Ethereum gains traction as SEC-approved spot ETH ETFs near launch, aligning with BlackRock’s significant ETH purchase.
BTC whales are taking profits while ETH whales accumulate, indicating a market sentiment shift towards Ethereum.
BlackRock's move signifies a deeper commitment to digital assets and Ethereum, potentially marking a new era of institutional dominance in the crypto market.