BlackRock Boosts Crypto Holdings with Over $350M in BTC and ETH

BlackRock is making another assertive move into digital assets, quietly expanding its crypto portfolio with sizable purchases of both Bitcoin and Ethereum.

On-chain records show the firm recently added 2,704 BTC and over 28,000 ETH—combined, these holdings are valued at more than $350 million.

This accumulation comes as BlackRock’s flagship crypto product, the iShares Bitcoin Trust (IBIT), continues to surge. With over $72 billion in assets gathered in less than a year and a half, IBIT now ranks among the 25 largest ETFs in the world. Its meteoric rise is matched by inflows that rival some of the most successful ETFs in history—$15.5 billion arrived in the first quarter alone, according to Bloomberg’s Eric Balchunas.

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Meanwhile, institutional demand for regulated crypto exposure is spreading beyond U.S. borders. Russia’s main stock exchange, MOEX, is set to roll out Bitcoin futures contracts tied directly to BlackRock’s IBIT ETF. Launching June 4, the offering will be limited to accredited investors, giving local institutions a compliant way to track Bitcoin’s price performance without holding the asset itself.

As the world’s largest asset manager continues to build its digital asset footprint, BlackRock is reinforcing its position as a key gateway between traditional finance and crypto markets.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.