# BlackRock is ramping up its cryptocurrency exposure through its spot exchange-traded funds (ETFs) Last week, the investment company purchased roughly $780 million worth of Bitcoin (BTC) and Ethereum (ETH) The iShares Bitcoin Trust (IBIT) led the surge with the

*business · news · 2026-04-13 · Finbold*

## Key points

- BlackRock purchased approximately $780 million in Bitcoin and Ethereum between April 6 and April 10.
- The iShares Bitcoin Trust saw a 3,636% increase in net inflows compared to the previous week.
- BlackRock's crypto ETF holdings now total about $62.46 billion, the largest among issuers.
- The average IBIT acquisition cost is estimated at $89,000 per Bitcoin, above current prices.

**Companies:** BlackRock
**Countries:** United States

[Read the full story on Finbold](https://finbold.com/blackrock-bought-780-million-of-these-two-cryptocurrencies-last-week/)

---

Canonical: https://newsio.io/n/790b67b5-0834-4e02-8635-aa1430a4c731/blackrock-is-ramping-up-its-cryptocurrency-exposure-through-its-spot-exchange-tr
Summarized by Newsio from Finbold. https://newsio.io/how-it-works
