Guess who returned and buy more bitcoins? It is Blackrock that adopts a bolder approach to the best world digital resources.
According to the last tracking of Arkham Intelligence, Blackrock Apparently he bought $ 600 million Bitcoin January 22, the most vital purchase this year. Arkham added that this last acquisition led the company’s shares to 569 343 Bitcoins, currently valued at $ 58.32 billion.
In addition to Bitcoin, Blackrock has other digital assets, including 74.5 million USD tokens, $ 3.7 billion, ether and coins, such as UBXS, Colle Ai, Mog, Tua, Tua and SPX6900.
Source: Arkham Intelligence
Blackrock shops Bitcoins in the last 7 days
This year, the aggressive acquisition of Bitcoins by Blackrock began to break. Looconchain revealed on Twitter/X that among all funds Ishares Blackrock receives the most Bitcoins influx.
Grayscale Bitcoin Mini Trust appears in the next, called 208 Bitcoins, followed by Graysale Bitcoin Trust, which acquired 165 Bitcoins on the same day.
Update January 22:
10 #Bitcoin ETF
Netflow: +6 719 $ Btc(+700.94 million USD) 🟢#Blackrock(Ishares) influence 6 208 $ Btc(USD 647.67 million) and currently has 569 343 $ Btc(USD 59.4 billion).9 #Ethereum ETF
Netflow: +18,108 $ ETH(+59.59 million USD) 🟢#Blackrock(Ishares) influence 16 959 $ ETH(USD 55.81 million) and currently contains … pic.twitter.com/i2ean9iabf– Lookonchain (@lookonchain) January 22, 2025
Looking at the seven -day net influx, Blackrock remains the best player in the industry. During this period, Blackrock’s Ishares Fund acquired 15 351 Bitcoins, double numbers sent by Fidelity Wise Origin Bitcoin Trust. ACR21 Actions have also been the best contractor in the last seven days, adding almost 4000 Bitcoins to their shares.
Blackrock adds a significant number of ETH to augment its shares
Blackrock shares also include other digital assets, including ETH. In the same data made available by Lookonchain Blackrock he added about 58 ETH, but remains behind Vaneck’s takeover, and his 732 ETH tokens have been purchased in the last seven days.
Although Blackrock adds a significant number of ETH tokens, his investments in Bitcoin have to the industry. Bitcoin purchases of the company are often a measure of market results. Since the launch of ETF Bitcoin in January 2024, Blackrock consistently conducted a segment with aggressive purchases.
CEO of Blackrock, Larry Fink on Bitcoin:
“If everyone has accepted 2% or 5%, you can see Bitcoin for $ 700,000”
Amazing how far Bitcoin has gone. 🟠 pic.twitter.com/psxp3aq4wi
– Geiger Capital (@Geiger_Capital) January 22, 2025
Fink remains stubborn for BTC, targets $ 700,000
Bitcoin currently has USD 104,000, slightly lower than yesterday the closing price. Analysts, however, are optimists about the trajectory of Bitcoin prices based on his recent success. Larry Fink, general director of Blackrock, showed certainty as to the potential Bitcoins price.
Fink said the World Economic Forum that Bitcoin is becoming more and more popular among companies managing assets and international investment funds. According to Finka, these companies want Blackrock’s opinion on Bitcoin. If all are the owners of Bitcoins and contribute to 2% to 5%, the industry will reach USD 700,000, FINK continued.
In addition, FINK emphasized that they do not support Bitcoins, but rather emphasize its potential. According to Samary Cohen, another Blackrock Bitcoin office saw some improvement under Trump’s rule. According to Cohen Bitcoin, he is doing well on the market under Trump. When the recipes are clear, Cohen provides a banner year for Bitcoin.
A distinguished picture from Reuters, TradingView chart
