On-chain data confirms that BlackRock has accumulated $1.027 billion (£808 million) in digital assets over three consecutive trading days. This includes approximately 9,619 BTC (worth $878 million) and 46,851 ETH (valued at $149 million).
The buying spree was finalised on Wednesday, 7 January 2026, following a period of significant price fluctuations, during which Bitcoin fell 1.64% to approximately $90,950.
The transactions were tracked via Coinbase Prime, the institutional custodian for BlackRock's crypto ETFs, as the firm capitalised on 'dip-buying' opportunities during a broader market correction.
https://www.ibtimes.co.uk/blackrock-bets-big-crypto-1027b-btc-eth-buy-amid-volatility-1769454
7 Comments
while the rest of us is panic selling xD
Obligatory “BlackRock didn’t buy anything, their customers did.”
No they didn’t, their customers did.
BLACKROCK CUSTOMERS PURCHASE $1.027B OF IBIT ETF SHARES….
Stop the presses 🙄
BlackRock or BlackRock acting on behalf of its clients?
Keep in mind. When it’s easy to push bitcoin to 110-120k, they like free money.
This is bitcoin. Manipulation by the big players.
Every time BlackRock does this people read it like a conviction signal, but to them it’s mostly inventory management with better PR. Buying a dip when flows demand it isn’t the same thing as making a directional bet the way retail imagines. What I find more interesting is how cleanly these moves line up with custody rails like Coinbase Prime, it tells you where the real pipes are. I tend to jot these accumulation windows down because months later the narrative always flips and everyone swears it was obvious at the time. It rarely is when you’re living through it.