BlackRock acquired nearly $1 billion worth of these cryptocurrencies in one week


Black Rock Accumulated nearly $1 billion of Cryptocurrencies During the past trading week, driven primarily by strong inflows into Bitcoin (Bitcoin) and Ethereum (Ethereum(Spot Exchange Traded Funds)ETFs).

The bulk of the buying came through BlackRock’s iShares Bitcoin Trust, which recorded about $732.6 million in net inflows over five sessions.

Demand was particularly strong midweek, with April 22 and 20 emerging as the largest backlog days, drawing approximately $246.9 million and $256 million, respectively.

Momentum remained steady on April 23 with another $167.5 million added, although flows slowed toward the end of the period, with April 24 recording a more modest $22.9 million.

Total Bitcoin ETF Flows. Source: Coinglas

Despite some minor outflows into competing funds, the overall trend reflects a continued institutional desire for exposure to Bitcoin.

BlackRock Ethereum Flows

Ethereum also saw consistent, albeit smaller, allocations. To that end, BlackRock’s ETFs collectively attracted about $199 million in net inflows during the same period.

The strongest day came on April 20, when total inflows reached about $89.3 million, followed by another strong performance on April 21, adding $52.5 million.

April 22 continued this positive trend with inflows of $53.6 million. However, the sequence stopped on April 23, when the funds recorded a net outflow of about $21 million, before rebounding on April 24 with a net gain of $24.6 million.

Total Ethereum ETF Flows. Source: Coinglas

In total, the largest assets in the world investment The manager bought for approximately $931.6 million Cryptocurrencies During the week.

Overall, as the cryptocurrency market rebounds, institutional investors have continued to pump sustained capital into US cryptocurrency ETFs this month.

Bitcoin funds posted their strongest performance in 2026, while Ethereum products posted extended streaming streaks.

Spot Bitcoin ETFs recorded a string of consecutive inflows for eight days through April 23, attracting nearly $2.1 billion in net new capital.

This rise pushed April’s flows to about $2.4 billion, nearly double March’s total, and returned year-to-date flows to positive territory.



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