- BlackRock’s $300 million Ethereum buy affects ETF flows and market.
- Ethereum price surges past $4,500.
- Lack of official confirmation from BlackRock.
BlackRock, the world’s largest asset manager, reportedly purchased $300 million in Ethereum (ETH) from August 21-26, 2025, through Coinbase Prime, according to Arkham Intelligence data.
The purchase signals increasing institutional interest in Ethereum, coinciding with ETF inflows and a price surge, underscoring speculation on BlackRock’s evolving digital asset strategy.
BlackRock reportedly purchased $300 million in Ethereum (ETH) between August 21–26, according to Arkham Intelligence. The purchase was traced to Coinbase Prime wallets as part of institutional activity, although no official confirmation from BlackRock has been issued.
BlackRock, led by CEO Larry Fink, is seen increasing its involvement in digital assets. Its acquisition of ETH coincides with renewed institutional interest in Ethereum spot ETFs, although the company has not publicly verified the purchase details.
The purchase has coincided with a surge in Ethereum prices, surpassing $4,500 due to market dynamics influenced by institutional interest. Ethereum’s movement has sparked discussion in the crypto community despite the lack of formal acknowledgment from BlackRock.
The reported transaction of $314.9 million in multi-tranche acquisition occurred over five days. ETH’s total assets within spot ETFs now reach $28.84 billion, while market observers continue waiting for BlackRock statements or regulatory filings.
Market participants are closely monitoring potential verification from BlackRock and regulators. Meanwhile, Ethereum’s price movement reverberates across digital asset markets and influences broader crypto-related investments.
Historical data shows BlackRock has made considerable ETH acquisitions previously, reinforcing their strategy of diversifying cryptocurrency holdings. Observers speculate that the move supports efforts to offer ETH staking within their ETF products, enhancing asset accessibility for institutions.
“BlackRock just bought over $300M of ETH,” — Altcoin Gordon, Crypto Analyst, source
