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BlackRock Buys $961 Million of Ethereum (ETH) in Eight-Day Accumulation

COINOTAG·August 28, 2026·1 min read
BlackRock Buys $961 Million of Ethereum (ETH) in Eight-Day Accumulation

BlackRock's ETHA added 385,633 ETH worth $961 million in eight days, part of a $3.16 billion Bitcoin and ETH accumulation, according to on-chain data. This significant institutional buying signals strong confidence in Ethereum, potentially supporting ETH price and market sentiment.

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