BlackRock’s Ethereum Buying Spree Overtakes Bitcoin—Here’s Why It Matters

Wall Street's crypto love affair takes a sharp turn toward ETH.

### The Institutional Flip: Ethereum Steals Bitcoin's Spotlight

BlackRock just placed a billion-dollar bet on Ethereum—and it’s not alone. The asset manager’s ETH purchases now outpace its Bitcoin allocations, signaling a seismic shift in institutional crypto strategy. Smart contracts? Yield farming? Try ‘smart money’ chasing higher upside.

### Behind the Pivot: DeFi’s Siren Song

While Bitcoin remains the digital gold standard, Ethereum’s programmable blockchain is where finance gets rebuilt. BlackRock’s move mirrors hedge funds diving into staking rewards and tokenized assets—because 3% Treasury yields are for suckers.

### The Cynic’s Take

Wall Street always follows the money. Even if it means pretending to understand gas fees.