BlackRock buys over $90 million of these two cryptocurrencies in one day

BlackRock , the world’s largest asset manager, is hitting the headlines again with substantial Bitcoin ( BTC ) and Ethereum ( ETH ) net inflows recorded on July 11, 2025. According to Arkham Intelligence , BlackRock’s IBIT Bitcoin ETF ( IBIT ) acquired approximately 613 BTC, valued at around $66.75 million. In addition, the fund saw an inflow of another 9,680 ETH on the same day, worth about $25.3 million in total. IBIT inflows. Source: Arkham Intelligence With price appreciation taken into account, the numbers translate to a daily net increase of about $2.07 billion for the investment company’s crypto portfolio, as both BTC and ETH saw big gains. BlackRock now holds more than $80 billion in assets Thanks to the recent inflows, BlackRock’s Bitcoin ETF has surpassed $80 billion in assets under management, now holding over 700,000 BTC alone. This capital injection further underscores the growing institutional confidence in Bitcoin as a viable asset. Indeed, Bitcoin recorded 88% higher daily trading volume than Nvidia (NASDAQ: NVDA ) over the past 30 days, highlighting the token’s deep liquidity and massive investor participation. Additionally, IBIT shares have also demonstrated strong momentum, climbing to $66 in after-hours trading on July 10. Featured image via Shutterstock The post BlackRock buys over $90 million of these two cryptocurrencies in one day appeared first on Finbold .

Source: Finbold