Blackrock took a major step by purchasing an atherium worth $ 276.16 million on February 4.
Asset management giant Blackrock acquired the Ethereum (Eth) worth about $ 276.16 million on 4 February. X reported by Crypto Rover on X,
The acquisition is part of the continuous expansion of Blackrock’s atherium holdings in recent weeks. On 31 January, firm bought 24,529 Ath Price $ 83.24 million, followed by another 17,261 Ath On February 1, the price of $ 56.65 million, its total two-day acquisition reached $ 128.3 million to 41,790 Eth.
The purchase follows the purchase of $ 500 million atherium by Blackrock and Fidelity during 48 hours on 12 December through Coinbase Prime.
Blackrock’s participation with Ethereum shut down after this Filed In November last year, with SEC for a spot atherium ETF, as reported by blocks. Blackrock CEO Larry Fink is near Express Faith in the capacity of the atherium, it was not seen as a currency but as a valuable blockchain property.
The price of ETH has not shown an important response to this development. As of 5 February, it is trading at around $ 2800, which reflects only 1% change from the previous day.
