As the cryptocurrency market showed signs of recovery over the past week, investment giant BlackRock significantly ramped up its exposure to digital assets, channeling more than $1 billion.
The purchases were made through the firm’s Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded funds (ETF), pointing to sustained institutional demand for crypto markets.
The bulk of the inflows was directed toward Bitcoin, where BlackRock’s iShares Bitcoin Trust (IBIT) recorded approximately $906.1 million in net inflows over five trading days.
Total Bitcoin spot ETF inflow. Source: Coinglass
Activity accelerated toward the end of the week, with April 17 alone accounting for a $284 million inflow. Earlier sessions also showed consistent demand, with $291.9 million on April 15 and $213.8 million on April 14, highlighting strong, steady accumulation.
BlackRock Ethereum inflows
On the other hand, Ethereum exposure, while notably smaller, also showed a clear return of positive mo
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