Recently, BlackRock's move has indeed attracted a lot of attention. This top global asset management giant directly transferred 3,290 Bitcoins (equivalent to approximately $302.9 million) and 5,692 Ethereum (worth about $17.82 million) to a compliant platform, demonstrating a remarkably swift action.



What is the underlying logic behind this? Some believe it is to prepare for and stock up on spot ETF products, as institutional-grade ETF products require sufficient assets to support them. Others suggest that this may be part of a strategic layout for future market rallies—accumulating large positions in advance to gain an advantage.

From the data, BlackRock's purchase scale this time is not small. Whether it is over 3,000 Bitcoins or more than 5,000 Ethereum, it reflects this institution's serious attitude towards crypto assets. Such large transactions are often closely monitored by market participants, as they usually indicate a certain mid-term market outlook or strategic adjustment.

However, the specific intent remains to be seen. But from the institution's holding behavior, at least it shows that mainstream asset management firms' interest in BTC and ETH has not cooled down.
BTC4,49%
ETH7,37%
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