Crypto

BlackRock Acquires More Than $4 Billion in Two Cryptocurrencies This Week

Exploring the Surge in Crypto ETFs: A Comprehensive Overview

An Impressive Influx in Crypto ETF Investments

On Thursday, October 9, crypto exchange-traded funds (ETFs) experienced significant capital inflows, with Bitcoin (BTC) and Ethereum (ETH) both showing remarkable growth. This surge in investment highlights the increasing confidence in digital assets among investors.

Bitcoin ETFs Witness Substantial Growth

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Among the ten Bitcoin ETFs, three notably attracted a combined net inflow of 3,356 BTC, valued at approximately $407.04 million. BlackRock emerged as a leader in this sector, drawing in 3,451 BTC, equating to $418.48 million, as per data from Lookonchain analyzed by Finbold. While Greyscale reported outflows, the remaining six ETFs remained steady. Impressively, Bitcoin ETFs have now experienced their ninth consecutive day of positive inflows.

Ethereum ETFs Experience Positive Momentum

Ethereum ETFs also demonstrated robust performance, with a total net inflow of 20,142 ETH, valued at $86.61 million. Despite Greyscale and Fidelity reporting losses, BlackRock once again took the lead by adding 32,968 ETH, worth $141.76 million, to its holdings.

BlackRock’s Dominance in Crypto Holdings

As of the latest data, BlackRock holds a staggering 802,198 BTC, with an estimated value of $97.29 billion, alongside 4,083,486 ETH, worth approximately $17.56 billion. This positions BlackRock as a formidable player in the crypto investment landscape.

BlackRock: The Fastest-Growing ETF in History

Earlier this week, the iShares Bitcoin Trust (IBIT) solidified its status as the fastest-growing ETF in history. On October 8, it was recognized as the top performer by weekly inflows. Notably, on October 7, 2025, IBIT amassed 7,579 BTC, valued at $943.11 million, and 8,959 ETH, worth $89.49 million, in a single day. The day before, the fund added 6,447 BTC ($805.23 million) and 45,672 ETH ($212.92 million).

Significant Weekly Gains for BlackRock

Throughout the week, BlackRock recorded a positive net change of +28,737 BTC, amounting to $3.49 billion, and +234,615 ETH, valued at $1.01 billion. These figures underscore the robust growth trajectory of BlackRock’s crypto investments.

Current Cryptocurrency Market Overview

Despite the impressive ETF inflows, both Bitcoin and Ethereum experienced slight declines in their daily charts at the time of writing. Bitcoin was priced at $121,530, reflecting a 1.06% decrease, while Ethereum traded at $4,339, down by 0.98%. These fluctuations are part of the inherent volatility in the cryptocurrency markets.

Conclusion: The Future of Crypto ETFs

The recent surge in crypto ETF investments, particularly by industry giant BlackRock, signals a growing acceptance and institutional interest in digital currencies. As these assets continue to integrate into mainstream finance, the future of crypto ETFs appears promising, paving the way for further innovation and investment opportunities in the blockchain space.
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Emma Horvath

After graduating Communication and Media Studies MA in Eötvös Loránd University, Emma started to realize that her childhood dream as a creative news reporter committed to find dynamic journalism stories. I'm a passionate journalist with a keen interest in the fast-evolving world of cryptocurrencies. I've been reporting on the latest developments in the crypto industry for several years now, covering breaking news and providing insights on how the market is trending. I'm adept at analyzing daily market movements, researching ICOs, and keeping track of the latest innovations in blockchain technology. My expertise in the space makes her a trusted voice in the crypto community. Whether it's the latest Bitcoin price movements or the launch of a new DeFi platform, I am always at the forefront, bringing her readers the most up-to-date and informative news.

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