Major news has emerged from the market: On the eve of the Federal Reserve Open Market Committee meeting, global asset management giant BlackRock has made a move.



According to on-chain data, the institution recently increased its holdings by 16,930 shares of ETH, with the transaction valued at as much as $55 million. At the same time, it also purchased 1,533 shares of BTC, involving approximately $15 million.

Some analysts point out that this series of operations may signal a turning point for its balance sheet. Judging from current market sentiment, the entire cryptocurrency sector is showing a positive and optimistic trend. The continued inflow of institutional funds may be building momentum for the next market rally.
ETH-1.61%
BTC-2.05%
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CrossChainBreathervip
· 5h ago
BlackRock’s move… looks like they’re playing chess. Starting to accumulate right before the Fed meeting, that’s really something.
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MetaLord420vip
· 5h ago
What is BlackRock planning this time? Feels like the big money is all waiting for that move from the Fed.
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PretendingToReadDocsvip
· 5h ago
BlackRock really dares to bet. It seems that big money also believes this rally can take off.
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CoinBasedThinkingvip
· 5h ago
BlackRock's move is really boosting market confidence. Aren't they afraid of getting stuck holding the bag?
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MergeConflictvip
· 5h ago
Can we stop hyping up BlackRock's moves all the time? If they were really that optimistic, they would have gone all in already.
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