Huo Xing Cai Jing reports that, according to Arkham monitoring, BlackRock’s spot Ethereum ETF product ETHA purchased approximately $1.27 billion worth of ETH over the past 20 days, and an additional $296.5 million in ETH through ETHB, bringing the total acquisition to approximately $1.57 billion.
BlackRock purchases over $1.5 billion in ETH in 20 days
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Summary
BlackRock’s value investing strategy in crypto is gaining momentum, as its Ethereum ETFs, ETHA and ETHB, purchased $15.7 billion worth of ETH over 20 days. The buys occurred as key support and resistance levels were being tested. Arkham data tracked the buying spree, which began on September 17, 2026. This move aligns with broader on-chain activity and increasing institutional interest in Ethereum.
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