BlackRock's Ethereum ETF purchases $111M in Ethereum
Key Takeaways
- BlackRock clients acquired approximately $111 million in Ethereum on Oct. 22.
- The accumulation reflects a broader trend among major asset managers integrating digital assets like Ethereum through ETFs and other investment products.
Share this article
BlackRock clients purchased around $111 million worth of Ethereum today, as the asset management giant continues building institutional exposure to the second-largest crypto asset.
BlackRock’s clients have been actively trading Ethereum through the firm’s ETF products in recent weeks, with both inflows and outflows reflecting shifting institutional sentiment.
Ethereum has seen growing adoption in tokenization applications and decentralized-finance use cases. The approval of spot and futures ETH ETFs has opened a pathway for institutional flows and increased access to the asset.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Exploring How Artificial Intelligence Shapes Higher Education and Tomorrow’s Job Market: Supporting STEM and Technical Training to Counteract the Effects of Automation
- AI is reshaping global economies, forcing higher education and vocational programs to rapidly adapt to automation-driven workforce demands. - Institutions prioritize "AI fluency" across disciplines, while STEM/vocational training addresses growing demand in AI-augmented roles like data analysis and software development. - OECD projects AI education investments could boost GDP, with the AI education market expected to grow from $7.05B in 2025 to $112.30B by 2034. - Federal funding initiatives and private
The Growing Need for AI Professionals and How It Influences Technology Company Valuations
- Global AI talent demand surged in 2025, driving universities to expand AI curricula and industry partnerships. - Top institutions like MIT and Stanford prioritize ethical AI education, while international schools like Nanyang Tech boost AI research. - Universities with AI-focused endowments achieved 14-15.5% returns in 2025, outperforming traditional education assets. - Education ETFs like Leverage Shares +3x Long AI ETP rose 120% in 2025, tracking AI infrastructure growth and semiconductor demand. - AI
MSCI exclusion for MicroStrategy already priced in, according to JPMorgan
Bitcoin Cash Faces Fresh Selling Wall Near $604 as Price Holds Above Key Support
Trending news
MoreCrypto prices
More
