BlackRock Doubles Down: Snaps Up $313M in Ethereum and Bitcoin in Major Digital Asset Expansion

Wall Street's biggest whale just took another massive bite of crypto.

BlackRock's latest power move—grabbing $313 million worth of ETH and BTC—signals institutional adoption isn't just coming; it's already here. The world's largest asset manager keeps stacking digital gold while traditional finance dinosaurs still debate whether crypto is 'real.'

No more dipping toes—this is a full-scale plunge into decentralized futures. While some fund managers still worry about volatility, BlackRock's betting blockchain beats bonds for the next decade.

Another quarter, another few hundred million headed off-exchange. Guess those custody solutions finally work well enough for the big boys—or the FOMO just got too real.

TLDR

• BlackRock purchased $261 million worth of Ethereum and $52 million worth of Bitcoin on August 27.
• Ethereum exchange-traded funds now hold about $30 billion in assets under management.
• Bitcoin exchange-traded funds continue to dominate with more than $143 billion under management.
• BlackRock’s total Bitcoin holdings have surpassed 745,500 BTC which is more than Binance custodial wallets.
• Corporate treasuries now control around 5 percent of the total Ethereum supply in circulation.

BlackRock added significant holdings in ethereum and Bitcoin this week, strengthening its position in the digital asset market. The firm purchased more than $261 million in Ethereum and $52 million in Bitcoin on August 27. Altogether, the new acquisitions push institutional demand higher while keeping BlackRock firmly ahead of major competitors.

BlackRock Increases Ethereum Stake Amid Rising Demand

BlackRock purchased about 57,105 ETH on Tuesday, representing $261 million in value. These inflows reflect steady institutional confidence in Ethereum’s long-term role. Moreover, Ethereum exchange-traded funds now manage nearly $30 billion in total assets.

Corporate treasuries reportedly control around 5% of the circulating supply this year. The increasing participation from firms shows growing conviction in Ethereum as a yield-bearing asset. BlackRock’s larger allocation underscores the company’s focus on diversifying digital portfolios.

BLACKROCK IS BUYING $ETH
FIDELITY IS BUYING $ETH
GRAYSCALE IS BUYING $ETH

NOT A SINGLE ETF SOLD $ETH pic.twitter.com/BMJYFYfAQZ

— Arkham (@arkham) August 27, 2025

“Ethereum’s yield appeal is undeniable when market conditions favor stability,” analysts noted, linking demand to recent institutional buying patterns. Additionally, Ethereum’s price ROSE above $4,500 this week, further supporting continued inflows. BlackRock’s consistent purchases align with this momentum.

Bitcoin Allocation Remains Central

Despite shifting attention, BlackRock also bought around 454 BTC worth $52 million on August 27. This purchase confirms that the asset remains a strategic part of the company’s crypto strategy. Bitcoin ETFs collectively manage more than $143 billion.

The firm now holds more than 745,500 BTC, a larger total than Binance custodial wallets. This level of accumulation demonstrates the extent of institutional commitment. BlackRock continues to frame bitcoin as digital gold in corporate holdings.

Industry experts observe that Bitcoin retains dominance even while Ethereum gains traction. One strategist explained, “Bitcoin remains unmatched in scale, while Ethereum is building momentum on yield utility.” Therefore, BlackRock maintains balance across both assets.