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International Business Times UK
International Business Times UK
Business
Shyna Mae Deang

BlackRock Bets Big on Crypto With '$1.027B' - BTC and ETH Buy Amid Volatility

BlackRock Bitcoin Crypto Ethereum
BlackRock has made a significant move into crypto, accumulating more than $1.027 billion worth of Bitcoin and Ethereum over several days despite heightened market volatility. (Credit: Wikimedia Commons)

The world's largest asset manager has injected over $1.027b into the digital asset market, aggressively increasing its holdings in Bitcoin and Ethereum as institutional confidence surges in 2026.

BlackRock, the New York-based financial behemoth managing over $13.5 trillion in assets, is the primary institutional driver behind the massive purchase.

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