Key insights:
- BlackRock clients purchased over $586 million in Bitcoin and Ethereum across two consecutive trading sessions.
- IBIT Bitcoin holdings increased to over 821,000 BTC, valued at nearly $67 billion after the latest inflows.
- Ethereum holdings surpassed 3.47 million ETH as clients continued steady accumulation during stable market conditions.
- BlackRock maintained over 208,000 ETH in staking, with total value close to $500 million.
BlackRock clients increased Bitcoin and Ethereum exposure over two consecutive days, with strong inflows recorded on May 4 and May 5. The purchases added billions in total holdings and reflected steady institutional demand across both assets.
BlackRock Records Steady Bitcoin Inflows Across Two Days
BlackRock clients bought $251.43 million in Bitcoin on May 5, according to data shared by Crypto Patel. The purchase added 3,082.652 BTC at an average price near $81,570. A day earlier, clients acquired $335.49 million in Bitcoin. That transaction added 4,193.334 BTC at an average price near $80,000.
These consecutive inflows increased BlackRock’s IBIT holdings to 821,229.4896 BTC by May 5. The total value of these holdings stood near $67 billion. On May 4, IBIT holdings were recorded at 818,146.8377 BTC. The increase reflects continued accumulation during a period of stable price movement.
Market data shows Bitcoin trading above $80,000 during both sessions. This price range supported large-scale entries without sharp volatility. Institutional flows often track price stability, and these purchases align with that pattern. The transactions also followed recent ETF demand trends.
Ethereum Purchases and Staking Activity Expand Holdings
BlackRock clients also increased Ethereum exposure across the same period. On May 5, they purchased $71.92 million worth of ETH. This transaction added 30,323.442 ETH at an average price of $2,372. Total ETH holdings reached 3,475,748.965 units.
On May 4, clients bought $54.83 million in Ethereum. That purchase added 23,256.6949 ETH at an average price near $2,358. Combined ETH holdings under ETHA and ETHB products stood at 3,445,425.5233 ETH on May 4. The value was recorded at $8.27 billion.
BlackRock also maintains a portion of Ethereum in staking. On May 5, staked ETH reached 208,786.6229 units valued at nearly $500 million. A day earlier, staked ETH totaled 208,783.7454 units. The change reflects minor adjustments alongside broader accumulation activity.
Ethereum prices remained within a narrow range during both days. This allowed consistent entry levels for institutional buyers. The data shows continued allocation to both spot holdings and staking positions. This approach supports exposure across different Ethereum yield structures.
