{"content":"BlackRock & Fidelity's Massive ETH Buys According to X posts on July 22, 2025, “BREAKING: BLACKROCK AND FIDELITY JUST BOUGHT $228.9 MILLION WORTH OF ETHEREUM. WHALES ARE LOADING!!” That aligns with earlier institutional accumulation bursts earlier in July. Market trackers like CryptoRank note that BlackRock’s ETHA ETF had nearly $500 M of inflows mid-July, with Fidelity’s FETH bringing in around $113 M — marking record ETF inflows for Ethereum . Early July: BlackRock & Fidelity jointly snapped up approximately 57,700 ETH (~$148.5 M) . July 17: According to Arkham Intelligence, BlackRock added around $547 M in ETH in a single day — 5× more than its Bitcoin acquisitions . On‑Chain Whale Moves Other large whale wallets are also accumulating. One recorded a single whale buy of 47,121 ETH (~$169 M) on July 20 . Simultaneously, some whales offloaded large sums—e.g., 178,080 ETH worth ~$528 M sold in mid-July — yet net flow remains skewed positive due to continuous ETF inflows. Opinion of the Users on Reddit (1) “The reason blackrock is buying … is …because of the public’s ever expanding interest in crypto etfs. … It’s all a response to client flows.” (2) “BlackRock, the world’s largest asset manager, made a significant purchase of ETH worth of $750 million in June without selling any of it.” These perspectives suggest institutional buying isn’t speculation, but mechanistic ETF-related purchasing—they must obtain the asset to match investor demand. Accumulation patterns match phases preceding previous ETH rallies, fueling bullish sentiment . Technicals currently point to possible breakout zones (~$3,600–$4,000), though caution is warranted around macro triggers like rate hikes . Bottom Line 1. BlackRock and Fidelity have purchased around $228.9 M in ETH in the latest wave, adding to billions previously acquired via ETFs. 3. Net whale accumulation continues amid record ETF demand, signaling strong institutional confidence even as some profit-taking unfolds.","images":[],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}