On-chain data confirms that BlackRock has accumulated $1.027 billion (£808 million) in digital assets over three consecutive trading days. This includes approximately 9,619 BTC (worth $878 million) and 46,851 ETH (valued at $149 million).
The buying spree was finalised on Wednesday, 7 January 2026, following a period of significant price fluctuations, during which Bitcoin fell 1.64% to approximately $90,950.
The transactions were tracked via Coinbase Prime, the institutional custodian for BlackRock's crypto ETFs, as the firm capitalised on 'dip-buying' opportunities during a broader market correction.
https://www.ibtimes.co.uk/blackrock-bets-big-crypto-1027b-btc-eth-buy-amid-volatility-1769454
Posted by LavishlyRitzyy
4 Comments
while the rest of us is panic selling xD
Obligatory “BlackRock didn’t buy anything, their customers did.”
No they didn’t, their customers did.
BLACKROCK CUSTOMERS PURCHASE $1.027B OF IBIT ETF SHARES….
Stop the presses 🙄