BlackRock Tilts Toward Ethereum as Institutional Focus Shifts

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BlackRock Tilts Toward Ethereum as Institutional Focus Shifts

A quiet shift is underway in the world of institutional crypto investing—and Ethereum is emerging as the clear favorite.

Recent fund flow data shows BlackRock is now allocating more capital to ETH than to Bitcoin, suggesting that Wall Street’s appetite for crypto is evolving.

Arkham Intelligence revealed that BlackRock added over $547 million in Ethereum exposure, outpacing its $497 million Bitcoin allocation during a single day of trading. When adjusted for market cap, this places Ethereum far ahead in the firm’s buying strategy.

This pivot comes amid growing optimism about Ethereum’s staking capabilities. BlackRock recently moved to enable staking within its iShares Ethereum ETF, a change that could offer institutional investors passive income—something unavailable with Bitcoin holdings. Nasdaq is backing this change by proposing updates to ETF rules that would allow staking participation.

Ethereum’s appeal is also being reinforced by price action. The asset recently surged past $3,600, marking double-digit gains over the past week and month. Whale accumulation is on the rise, and other public companies like Bitmine Technologies and SharpLink Gaming have also joined the ETH accumulation trend.

What started as a retail-driven ecosystem may now be evolving into a new institutional frontier—with Ethereum at the center.

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Author

Alexander Stefanov

Reporter at Coindoo

Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.

Source: https://coindoo.com/blackrock-tilts-toward-ethereum-as-institutional-focus-shifts/