BlackRock Increases Crypto Holdings by $291 Million

Key Facts

1BlackRock's crypto portfolio increased by more than $291 million over four days in early October 2026.

BlackRock's crypto portfolio increased by more than $291 million over four days in early October 2026. Finbold reported that the firm's iShares Bitcoin Trust (IBIT) purchased Bitcoin worth $545.57 million between October 1 and 6, bringing the fund's net assets to $9.62 billion.

The institutional accumulation occurred during a period of market consolidation, while BLK closed at $1079.42 on October 6, 2026. Conversely, the company's iShares Ethereum Trust (ETHA) saw its net assets drop by approximately $201.89 million on October 6, marking its largest single-day decline since January, as the fund divested $253.87 million in Ethereum over four trading days.