BlackRock Prefers Ethereum Over Bitcoin, Why?

Jakarta, Pintu News – Increased institutional interest in Ethereum (ETH) is becoming increasingly apparent, especially with the recent purchase by BlackRock indicating a shift in focus among institutional investors. BlackRock’s purchase of Ethereum far surpassed Bitcoin (BTC), signaling a strong preference for ETH compared to BTC.

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BlackRock’s Ethereum Purchases Increase Dramatically

The latest data from Arkham Intelligence shows that BlackRock continues to buy more Ethereum (ETH) than Bitcoin (BTC). In a post on X, Arkham Intelligence revealed that the investment giant has bought $547 million worth of Ethereum.

Meanwhile, BlackRock’s investment in Bitcoin stands at $497 million, $50 million lower than the investment in Ethereum. This data is based on the net inflows that the asset manager recorded for their crypto funds as of July 17.

Data from SoSoValue shows that BlackRock’s Ethereum ETF saw inflows of $546.70 million, while the Bitcoin ETF saw only $497.30 million.

Also read: NFT Staking: Definition, How it Works, Benefits, and Examples

Why BlackRock chose Ethereum

BlackRock’s preference for Ethereum (ETH) has been further reinforced with a recent filing to include staking in their iShares Ethereum ETF. Nasdaq is reportedly proposing to remove the clause that prohibits ETF asset staking and add a new clause that allows it.

In addition, the Ethereum ETF has experienced its best week in terms of inflows, and this figure is likely to continue to rise due to optimism regarding the SEC’s approval of staking for the fund. This shows that BlackRock is not only focused on buying assets, but also on innovation in the way those assets are managed.

Read also: What is Shilling in the Crypto World?

Trends in ETH Accumulation by Other Institutions

BlackRock isn’t the only one increasing its Ethereum holdings. Publicly traded companies like Bitmine Technologies and SharpLink Gaming have also been steadily accumulating Ethereum. The increasing bullish sentiment surrounding the Ethereum token has contributed greatly to this institutional interest.

The asset manager’s purchase of Ethereum coincides with an upward trend in the token’s price, with Ethereum now trading at around $3,600. Currently, the token is worth $3,624, up 6%. Over the past week and month, the altcoin has secured huge gains of 21% and 46%, respectively.

Conclusion

Given the data and trends, it’s clear that BlackRock and other institutions see great potential in Ethereum (ETH) compared to Bitcoin (BTC). This decision is not based on preference alone, but is also supported by the innovation and development within the ever-evolving Ethereum ecosystem.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. BlackRock is Buying 5 Times More ETH Than BTC: Arkham Report. Accessed on July 21, 2025
• Featured Image: The Block