BlackRock’s Crypto Shopping Spree: Bitcoin, Ethereum, and a Side of Solana 🤯

Oh, look who’s gone full crypto-crazy! 🤑 According to Arkham Intelligence (which sounds like a Batman villain, but okay), BlackRock just dropped a casual $2.57 billion on Bitcoin and another $1.76 billion on Ethereum last week. Because, you know, pocket change. Bitcoin now makes up 92% of their crypto stash—$85.97 billion worth of digital “trust me, bro” money. 🚀

Ethereum isn’t just sitting there looking pretty (though it does that well). Institutional investors threw $2.12 billion at ETH last week, nearly doubling previous records. Fidelity’s FETH even briefly outshone BlackRock’s ETHA, pulling in $240 million in five days. It’s like watching two Wall Street bros fight over the last artisanal avocado toast. 🥑

But wait, there’s more! BlackRock’s also playing with smaller tokens, because why not? Imagen Network, a Solana-based project, is now their third-largest crypto holding—valued at a whopping $446,000. That’s like finding loose change in your couch compared to their Bitcoin pile, but hey, diversification! 🌈

Since July started, BlackRock’s crypto portfolio has ballooned by $14.3 billion, going from $79.6 billion to just under $94 billion as of July 22. At this rate, they’ll soon be accepting Dogecoin for shareholder meetings. 🐕

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2025-07-23 00:45