According to the latest publicly available data analysis, the world's largest asset management company BlackRock significantly increased its investment in Ethereum (ETH) in July. Since July 1, BlackRock has cumulatively added 1,035,653 ETH, which is valued at approximately $3.76 billion at current market prices.



As of July 23, the total holdings of Ethereum (ETH) by BlackRock have exceeded 2.8 million coins, with a total value reaching 10.22 billion USD. This move highlights the continued optimism of institutional investors towards the cryptocurrency market, especially the Ethereum ecosystem.

BlackRock's large-scale increase in its holdings of ETH not only reflects its confidence in the technology and application prospects of Ethereum but may also have a positive impact on the entire cryptocurrency market. As an important player in the traditional financial sector, BlackRock's investment decisions are often seen as a barometer of market trends.

However, investors should also be aware that the cryptocurrency market still has high volatility and regulatory uncertainty. Despite the increasing participation of institutions, market risks cannot be ignored. For individual investors, when following the investment decisions of large institutions, it is still necessary to carefully assess their own risk tolerance and make rational investment judgments.
ETH-0.05%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Share
Comment
0/400
AirdropFatiguevip
· 07-27 07:56
Suckers have a new opportunity again.
View OriginalReply0
NestedFoxvip
· 07-26 07:54
Can't compete with the pro, Coin Hoarding waits for wealth.
View OriginalReply0
NftRegretMachinevip
· 07-25 07:20
The art of Be Played for Suckers has begun.
View OriginalReply0
NFTFreezervip
· 07-24 15:51
Institutional players are also entering the market.
View OriginalReply0
StakeOrRegretvip
· 07-24 15:49
Isn't the institution obviously playing catch a falling knife?
View OriginalReply0
HodlTheDoorvip
· 07-24 15:48
It's stable, reaching 20,000 ETH is not a dream.
View OriginalReply0
GateUser-75ee51e7vip
· 07-24 15:33
The pro has gotten on board.
View OriginalReply0
MetaMisfitvip
· 07-24 15:21
The cards are in play! Pro is running to the field.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)