BlackRock Doubles Down: $50M Ethereum Grab Signals Institutional FOMO
Wall Street’s quiet accumulation phase just got louder.
BlackRock’s latest $50 million Ethereum purchase coincides with suspiciously timed exchange inflows—because nothing screams ’organic demand’ like coordinated whale moves. The asset manager’s crypto custody solution is looking less like infrastructure and more like a velvet-rope VIP entrance.
Meanwhile, traditional finance analysts still can’t decide if ETH is a security, commodity, or their lunch money.