BlackRock loads up on nearly $300 million of these two cryptocurrencies in 4 days
In this news:
Key takeaways
- BlackRock's crypto portfolio grew by $291.7 million across four days in early October 2026.
- The iShares Bitcoin Trust purchased Bitcoin worth $545.57 million, raising net assets to $9.62 billion.
- The iShares Ethereum Trust divested Ethereum valued at $253.87 million over the same period.
Even though the cryptocurrency market saw choppy consolidation during the first week of October 2026, BlackRock Inc.’s (NYSE: BLK) crypto portfolio added more than $291 million.
BlackRock’s crypto portfolio surged by $291.7 million during the past four exchange-trading days through October 6, according to data Finbold analyzed from SoSoValue on October 7.
BlackRock’s iShares Bitcoin Trust (IBIT) purchased Bitcoin (BTC) worth $545.57 million between October 1 and 6. As such, IBIT increased its net assets to $9.62 billion.
BlackRock’s iShares Ethereum Trust ETF (ETHA) divested Ethereum (ETH) valued at $253.87 million over the past four exchange-trading days. On October 6, ETHA’s net assets dropped by approximately $201.89 million, its largest single-day decline since January 21.
As such, BlackRock’s ETHA held 3,656,389.78 Ethereum, currently worth over $9.8 billion, as per its official website.
Bitcoin and Ethereum price action amid BlackRock transfers
As this fund manager accumulated over 4,000 Bitcoin during the past four days, BTC price climbed roughly 1.13%, trading at about $83,960 at the time of writing. Consequently, Bitcoin had a market capitalization of about $1.7 trillion.
On the other hand, Ethereum’s price had fallen by over 3% at the time of reporting, retesting $2,597. This altcoin has a market cap of $314.7 billion.
During the past 24 hours, Ethereum’s trading volume surged by over 70% to $18.2 billion as per metrics from CoinMarketCap.
As a result, BlackRock’s Bitcoin and Ethereum transfers over the past four exchange-trading days influenced their price performance over the last seven days.
Share the article:
Trending News & Crypto World
.png)
Latest Crypto News
Top Trending Cryptocurrencies on The Market
Current Price
$0.000001631
Market Cap
$1.4B -0.41%
24h Volume
$63.4M
Supplies
888.8T / 1000.0T
Current Price
$1.889
Market Cap
$1.3B -0.59%
24h Volume
$7.7M
Supplies
910.9M / 2.0B
Current Price
$0.9988
Market Cap
$1.3B 0.00%
24h Volume
$4.9M
Supplies
1.3B / ∞
Current Price
$1.000
Market Cap
$1.3B 0.01%
24h Volume
$16.2M
Supplies
1.3B / ∞
Current Price
$7.622
Market Cap
$1.2B -3.04%
24h Volume
$52.5M
Supplies
158.8M / 210.7M
Current Price
$24.216
Market Cap
$1.2B -7.25%
24h Volume
$36.9M
Supplies
81.1M / ∞
Current Price
$0.1682
Market Cap
$1.1B -7.04%
24h Volume
$200.5M
Supplies
10.0B / 10.0B
Current Price
$0.1410
Market Cap
$1.1B 0.47%
24h Volume
$36.2M
Supplies
8.0B / 9.9B
Current Price
$7.291
Market Cap
$1.0B -0.86%
24h Volume
$18.6M
Supplies
142.2M / ∞
Current Price
$0.03564
Market Cap
$990.2M -5.20%
24h Volume
$14.8M
Supplies
27.8B / 28.7B
Current Price
$0.2931
Market Cap
$974.3M -5.68%
24h Volume
$63.5M
Supplies
6.9B / 10.0B
Current Price
$105.22
Market Cap
$958.8M 0.00%
24h Volume
-
Supplies
9.1M / ∞