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BlackRock has purchased BTC and ETH for 8 consecutive trading days, with a total amount exceeding $3.1 billion

BlockBeats News, August 27th, according to LookIntoChain monitoring, BlackRock has been acquiring large amounts of BTC and ETH for 8 consecutive trading days, with a total purchase of 27,722 BTC (approximately $22 billion) and 385,633 ETH (approximately $9.61 billion), totaling approximately $31.61 billion.

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The BlackRock ETHB is not the first Ethereum ETF in the United States, but it is taking the most standard route.
BlackRock's $7.81 trillion in assets under management far exceeds Japan's 2018 GDP of $4.97 trillion.
Despite regulatory pressure, BlackRock's Bitcoin ETF application was not seen as a positive signal by many, regarding it as a contrarian move.
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