BlackRock Buys More Ethereum Than Bitcoin, Signaling Big Shift Toward Altcoins
BlackRock has purchased over $547 million worth of Ethereum, exceeding its Bitcoin inflows of $497 million by $50 million according to Arkham data. The investment manager’s ETH allocation strategy indicates stronger conviction in Ethereum compared to Bitcoin when adjusted for market capitalization differences. Weighted by market cap analysis reveals BlackRock is acquiring over five times […]
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