BlackRock Invests Over $1 Billion in Cryptocurrencies in One Week
In a significant move into the cryptocurrency market, BlackRock has invested over $1 billion in digital assets within a single week. This substantial allocation primarily focused on Bitcoin (BTC) and Ethereum (ETH), executed through its spot exchange-traded funds (ETFs).
Key Investment Highlights
- Total Investment: Over $1 billion
- Investment Period: January 12 to January 16, 2026
- Bitcoin (BTC) Allocation: Approximately $1.04 billion
- Ethereum (ETH) Allocation: Approximately $219 million
Bitcoin Investments
The majority of the inflows went into BlackRock’s iShares Bitcoin Trust (IBIT), which saw a net influx of around $1.04 billion during the five-day period. Midweek, IBIT reported significant activity, attracting over $600 million in one day, representing one of its strongest sessions.
Ethereum Investments
BlackRock’s investment in Ethereum was also notable. The iShares Ethereum Trust (ETHA) garnered approximately $219 million, reversing prior outflows with impressive daily inflows. On January 15, ETHA recorded nearly $150 million in a standout performance.
Market Impact
This aggressive accumulation by BlackRock has led to a remarkable surge in the combined crypto ETF exposure, amounting to around $1.25 billion for the week. While Bitcoin demonstrated strong performance, nearing the $100,000 threshold, Ethereum maintained its position above $3,000.
Price Movements
- Bitcoin Price: Reached nearly $98,000 before stabilizing around $95,093, a weekly increase of almost 5%.
- Ethereum Price: Held a value of $3,309, up more than 7% from the previous week.
These developments in investment reflect broader confidence in cryptocurrencies, with BlackRock’s strategy aligning with overall positive trends in the ETF market. Continued buying pressure has been noted, exhibiting potential for further growth in both Bitcoin and Ethereum assets.
