Close Menu
Cryptoz7
    What's Hot

    Bitcoin ETF inflows, crypto narratives begin to brighten amid win streak

    August 28, 2026

    BlackRock buys $2B in Bitcoin and $961M in Ethereum over 8 days

    August 28, 2026

    Ripple (XRP) Makes Major Wall Street Push With New Institutional Trading Business

    August 28, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Bitcoin ETF inflows, crypto narratives begin to brighten amid win streak
    • BlackRock buys $2B in Bitcoin and $961M in Ethereum over 8 days
    • Ripple (XRP) Makes Major Wall Street Push With New Institutional Trading Business
    • Perplexity Computer taps OpenSea for real
    • New Crypto Pepeto Confirms Its DeFi Exchange Passed Final Testing as the Dogecoin Price Prediction Targets Past $1
    • Best Crypto Wallet Apps in 2026: Security, Fees and Features Compared
    • The SEC failed to pass crypto custody rules in 2023. But it’s trying again.
    • Bitcoin: $6.4 Billion Options Expire Tomorrow
    Facebook X (Twitter) Instagram
    Cryptoz7
    • Home
    • Altcoins
    • Bitcoin
    • DeFi & Web3
    • Ethereum
    • Guides
    • Latest News
    • Markets
    • Regulations
    Cryptoz7
    Home»Ethereum»BlackRock buys $2B in Bitcoin and $961M in Ethereum over 8 days
    BlackRock buys $2B in Bitcoin and $961M in Ethereum over 8 days
    Ethereum

    BlackRock buys $2B in Bitcoin and $961M in Ethereum over 8 days

    cryptoz7By cryptoz7August 28, 2026No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    The world’s largest asset manager continues its crypto accumulation spree, adding 27,722 BTC and 385,633 ETH to its ETF holdings in just over a week

    Add us on Google
    byEditorial Team
    Aug. 27, 2026

    BlackRock has scooped up 27,722 <a href="https://cryptoz7.com/bitcoin-6-4-billion-options-expire-tomorrow/” title=”Bitcoin: $6.4 Billion Options Expire Tomorrow”>Bitcoin and 385,633 Ethereum over an eight-day stretch, representing roughly $2 billion in BTC and $961 million in ETH acquisitions through its spot ETF products.

    The buying spree, tracked by on-chain analytics firm Arkham Intelligence, adds to what has already been a banner month for BlackRock’s digital asset portfolio. By late August 2026, the firm’s total crypto assets under management had ballooned to $68.48 billion, up from $53.36 billion earlier in the month. That’s a $15.11 billion increase in a single month, driven by a combination of fresh capital inflows and rising asset prices.

    Inside the numbers

    BlackRock’s flagship Bitcoin ETF, IBIT, recorded approximately $1.33 billion in net inflows over a five-day period in mid-August alone. Its Ethereum counterparts, ETHA and ETHB, pulled in roughly $537 million during the same window.

    A particularly aggressive 48-hour stretch around August 21 saw BlackRock-affiliated wallets absorb 11,098 BTC and 132,769 ETH, a haul worth approximately $1 billion.

    Coinbase Prime continues to serve as the primary custodian for these ETF holdings. The operational machinery behind the scenes involves significant transfers between BlackRock-affiliated wallets and custodian accounts, a logistical exercise that scales with the sheer volume of assets flowing into the funds.

    What this means for the market

    At 27,722 BTC over eight days, BlackRock is absorbing far more than the roughly 450 BTC produced daily through mining. That means the ETF alone is soaking up weeks’ worth of new Bitcoin supply in a matter of days, and it’s just one of several spot Bitcoin ETFs competing for the same finite asset.

    The $15.11 billion increase in BlackRock’s crypto AUM during August reflects both new money entering and the price impact of that demand cycle feeding on itself.

    Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

    961M Bitcoin BlackRock Buys Ethereum
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    cryptoz7
    • Website

    Related Posts

    Bitcoin ETF inflows, crypto narratives begin to brighten amid win streak

    August 28, 2026

    Bitcoin: $6.4 Billion Options Expire Tomorrow

    August 28, 2026

    Crypto ETFs: Bitcoin Leads a Broader Rebound

    August 27, 2026

    Staking Ethereum could soon look entirely different under a new deposit proposal

    August 27, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Bitcoin ETF inflows, crypto narratives begin to brighten amid win streak

    August 28, 2026

    BlackRock buys $2B in Bitcoin and $961M in Ethereum over 8 days

    August 28, 2026

    Ripple (XRP) Makes Major Wall Street Push With New Institutional Trading Business

    August 28, 2026

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Our mission is to deliver timely, accurate, and easy-to-understand coverage of the fast-moving digital asset industry. Whether you're a beginner exploring cryptocurrency for the first time or an experienced investor following market trends, Cryptoz7.com provides valuable information to help you stay informed.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    Bitcoin ETF inflows, crypto narratives begin to brighten amid win streak

    August 28, 2026

    BlackRock buys $2B in Bitcoin and $961M in Ethereum over 8 days

    August 28, 2026

    Ripple (XRP) Makes Major Wall Street Push With New Institutional Trading Business

    August 28, 2026
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Get In Touch
    • Disclaimer
    • Privacy Policy
    • Terms and Conditions
    © 2026 Cryptoz7. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.