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BlackRock Spot ETFs Buy 1,190 BTC and 86,650 ETH on July 23

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Sohrab Khawas

On July 23, BlackRock’s spot ETFs made major purchases, acquiring 1,190 Bitcoin (BTC) and 86,650 Ethereum (ETH). This move highlights strong institutional confidence in leading cryptocurrencies amid active market conditions. The increased holdings reflect growing investor demand for exposure to digital assets through reputable ETF products. BlackRock’s continued investment emphasises its influential role in driving institutional participation in the evolving cryptocurrency market.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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