BlackRock has significantly increased its exposure to cryptocurrencies. The firm has bought an additional 529 BTC and 2,420 ETH. This acquisition brings BlackRock's total holdings to 359,606 BTC, valued at approximately $22.82 billion, and 350,000 ETH, valued at around $23 billion.
The continuous purchasing activity by BlackRock underlines the bullish sentiment institutional investors have about the long-term potential of cryptocurrencies.
