logo

BlackRock's crypto holdings top $100 billion; Bitcoin dominates portfolio

Economic Times18 hours ago
Global asset management company BlackRock's cryptocurrency holdings hit $104 billion as of August 14, 2025, achieving a major milestone in its digital asset strategy, according to an analysis from Finbold. The findings are based on blockchain data from intelligence platform Arkham.
ADVERTISEMENT The findings show that BlackRock's portfolio currently includes $89.27 billion in Bitcoin (743,310 BTC) and $14.71 billion in Ethereum (3.2 million ETH). This represents a $49.15 billion net increase since the start of 2025, when the firm's crypto holdings stood at $54.83 billion, comprising $51.16 billion in BTC and $3.59 billion in ETH.
While Bitcoin continues to dominate, accounting for over 85% of the total portfolio, Ethereum has seen the most dramatic growth. At the start of the year, BlackRock held roughly 1.07 million ETH worth $3.59 billion, the findings revealed.
By June 30, that figure had risen to $4.21 billion, and in just six weeks since, the position has more than tripled to $14.71 billion, a 198% increase in ETH volume and a 309% surge in dollar value since January.'This level of accumulation, particularly in Ethereum, is strategic,' said Jordan, Chief Editor at Finbold and author of the research. 'The data shows a clear institutional pivot towards diversifying crypto exposure beyond Bitcoin. BlackRock is making a conviction bet on the infrastructure layer of the blockchain economy.'The surge in Ethereum holdings comes amid record ETF inflows, rapid DeFi adoption, and renewed optimism around Ethereum's scaling roadmap. Bitcoin, meanwhile, has grown 34% in volume and 74% in value over the same period, reinforcing its position as the core reserve asset in BlackRock's digital portfolio.
ADVERTISEMENT With $12.53 trillion in total assets under management as of June 30, BlackRock's $100 billion-plus crypto position accounts for less than 1% of its total portfolio, but signals a decisive commitment to digital assets as part of its long-term investment strategy. Unlock 500+ Stock Recos on App
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
ADVERTISEMENT
(You can now subscribe to our ETMarkets WhatsApp channel)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bitcoin slides to $119K from new record, outlook cautious as policy signals hit sentiment
Bitcoin slides to $119K from new record, outlook cautious as policy signals hit sentiment

Economic Times

time41 minutes ago

  • Economic Times

Bitcoin slides to $119K from new record, outlook cautious as policy signals hit sentiment

Bitcoin retreated to $119,186.31 on Friday, down 2.3% for the day, as a record-breaking surge to $124,480.82 barely 24 hours earlier gave way to heavy selling, $1 billion in leveraged liquidations, and a cooler outlook amid shifting U.S. policy signals. ADVERTISEMENT Cryptocurrency markets steadied after a bruising 24 hours that saw bitcoin's latest milestone crumble under pressure. 'BTC fell from above $123K to near $121K, followed by another wave of selling that pushed it below $119K,' the CoinSwitch Markets Desk said. The decline was steep, reflecting selling pressure. After touching lows close to $117K, the price began to recover gradually, regaining ground through the later part of the day. BTC now has moved back above $119K, showing some buying interest, though the rebound remains modest compared to the earlier falls, said CoinSwitch Markets. The drop followed comments from U.S. Treasury Secretary Scott Bessent that the government has 'no plans to make further Bitcoin purchases for its Bitcoin and digital asset reserve,' remarks that he later softened by saying the department was still exploring 'budget-neutral options to acquire Bitcoin for the Strategic Bitcoin Reserve.' More than $1 billion in leveraged positions were wiped out in the past 24 hours after hotter-than-expected U.S. Producer Price Index data dampened hopes for imminent Federal Reserve rate cuts. Long positions accounted for $866 million of the liquidations, dwarfing the $140 million in shorts, according to CoinDesk. Ether traders took the biggest hit at $348.9 million liquidated, followed by bitcoin at $177.1 exchange-traded funds recorded $292.9 million in outflows during the sell-off. Among altcoins, dogecoin dropped 9% to $0.2316, leading losses, while Solana's SOL, XRP, and BNB Chain's BNB fell between 3% and 7%. ADVERTISEMENT Bitcoin's slide from its $124,089 peak to below $117,500 triggered $227 million in leveraged liquidations on bullish positions, but derivatives metrics remained steady. The BTC futures annualized premium held at 9%, within the neutral 5%–10% range, suggesting the record was not fueled by excessive leverage. Still, data from Trading View pointed to a lack of confidence in a rally toward $150,000. Unlock 500+ Stock Recos on App Market participants are now watching U.S. economic data and Federal Reserve commentary closely, with September seen as the next major inflection point for policy. According to the CME FedWatch tool, the implied probability of the Fed cutting rates to 3.75% or lower by January 2024 has slipped to 61% from 67% a week earlier, underscoring the cautious tone across risk assets. ADVERTISEMENT Ethereum fell 2.5% over the past 24 hours, briefly approaching $4,800 before settling near $4,600. CoinSwitch noted that Wall Street giant Citigroup is weighing plans to offer cryptocurrency custody and payment services 'seeking to capitalize on a market strengthened by recent U.S. regulatory approvals and pro-industry legislation.' Also read | 5 Wall Street moguls who dismissed Bitcoin as a fad — Guess what they're saying now! (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)

Bitcoin slides to $119K from new record, outlook cautious as policy signals hit sentiment
Bitcoin slides to $119K from new record, outlook cautious as policy signals hit sentiment

Time of India

time42 minutes ago

  • Time of India

Bitcoin slides to $119K from new record, outlook cautious as policy signals hit sentiment

Bitcoin retreated to $119,186.31 on Friday, down 2.3% for the day, as a record-breaking surge to $124,480.82 barely 24 hours earlier gave way to heavy selling, $1 billion in leveraged liquidations , and a cooler outlook amid shifting U.S. policy signals. Cryptocurrency markets steadied after a bruising 24 hours that saw bitcoin's latest milestone crumble under pressure. 'BTC fell from above $123K to near $121K, followed by another wave of selling that pushed it below $119K,' the CoinSwitch Markets Desk said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More The decline was steep, reflecting selling pressure. After touching lows close to $117K, the price began to recover gradually, regaining ground through the later part of the day. BTC now has moved back above $119K, showing some buying interest, though the rebound remains modest compared to the earlier falls, said CoinSwitch Markets. Crypto Tracker TOP COIN SETS BTC 50 :: ETH 50 9.37% Buy Crypto Blue Chip - 5 6.15% Buy DeFi Tracker 5.34% Buy AI Tracker 2.01% Buy Web3 Tracker 1.57% Buy TOP COINS (₹) Tether 88 ( 0.13% ) Buy BNB 74,668 ( -1.28% ) Buy Bitcoin 10,426,819 ( -2.13% ) Buy Ethereum 407,037 ( -2.33% ) Buy XRP 274 ( -3.89% ) Buy The drop followed comments from U.S. Treasury Secretary Scott Bessent that the government has 'no plans to make further Bitcoin purchases for its Bitcoin and digital asset reserve,' remarks that he later softened by saying the department was still exploring 'budget-neutral options to acquire Bitcoin for the Strategic Bitcoin Reserve.' Liquidations and ETF outflows deepen sell-off More than $1 billion in leveraged positions were wiped out in the past 24 hours after hotter-than-expected U.S. Producer Price Index data dampened hopes for imminent Federal Reserve rate cuts. Long positions accounted for $866 million of the liquidations, dwarfing the $140 million in shorts, according to CoinDesk. Ether traders took the biggest hit at $348.9 million liquidated, followed by bitcoin at $177.1 million. Did you Know? The world of cryptocurrencies is very dynamic. Prices can go up or down in a matter of seconds. Thus, having reliable answers to such questions is crucial for investors. View Details » Live Events BTC exchange-traded funds recorded $292.9 million in outflows during the sell-off. Among altcoins, dogecoin dropped 9% to $0.2316, leading losses, while Solana's SOL, XRP, and BNB Chain's BNB fell between 3% and 7%. Policy signals and derivatives market response Bitcoin's slide from its $124,089 peak to below $117,500 triggered $227 million in leveraged liquidations on bullish positions, but derivatives metrics remained steady. The BTC futures annualized premium held at 9%, within the neutral 5%–10% range, suggesting the record was not fueled by excessive leverage. Still, data from Trading View pointed to a lack of confidence in a rally toward $150,000. Market participants are now watching U.S. economic data and Federal Reserve commentary closely, with September seen as the next major inflection point for policy. According to the CME FedWatch tool, the implied probability of the Fed cutting rates to 3.75% or lower by January 2024 has slipped to 61% from 67% a week earlier, underscoring the cautious tone across risk assets. Ethereum and Institutional moves Ethereum fell 2.5% over the past 24 hours, briefly approaching $4,800 before settling near $4,600. CoinSwitch noted that Wall Street giant Citigroup is weighing plans to offer cryptocurrency custody and payment services 'seeking to capitalize on a market strengthened by recent U.S. regulatory approvals and pro-industry legislation.' Also read | 5 Wall Street moguls who dismissed Bitcoin as a fad — Guess what they're saying now!

Bitcoin at all-time high of $124,210
Bitcoin at all-time high of $124,210

Hans India

time4 hours ago

  • Hans India

Bitcoin at all-time high of $124,210

Mumbai: Leading cryptocurrency Bitcoin hit a record high of $124,210 on Thursday over increasing expectations for more lenient monetary policy from the US Federal Reserve. The development, coupled with supportive financial reforms, particularly under the pro-crypto stance of the US President Donald Trump's administration, boosted investor sentiment. The world's largest crypto asset by market capitalisation climbed over 0.9 per cent to $124,210, surpassing its previous peak in July. But as of 10.30 am, the BTC has dropped to $1,23,036.80. The second-largest crypto-token Ether also hit $4,780.04, the highest level since late 2021. Markets are increasingly confident that the Federal Reserve will implement interest rate cuts, potentially starting as early as September 2025. This optimism stems from recent data that showed US inflation rose only 2.7 per cent in July YoY, below the expected 2.8 per cent, which strengthens the case for lower interest rates. Sustained institutional buying and moves by the Trump administration to ease investment in crypto assets, add to the tail winds. The passage of stablecoin regulations and the US Securities and Exchange Commission's (SEC) overhaul of regulations to accommodate digital assets have bolstered investor confidence. Analysts said that a sustained break above $125k could propel BTC to $150,000. Bitcoin has risen nearly 32 per cent YTD following Trump's return to the White House, who has branded himself 'crypto president.' An executive order last week paved the way to allow crypto assets in 401(k) retirement accounts, highlighting an increasingly favorable regulatory environment in the United States.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store