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BlackRock Becomes Top Ethereum Whale With $3.5 Billion Stake
Today is a big day in the world of institutional cryptocurrency investing BlackRock, through its Ethereum-focused ETF, now owns a whopping $3.5 billion worth of ETH, or 993,591.95 ETH, which is 0.12% of the total supply of Ethereum (ETH). According to Arkham Intelligence, BlackRock is now the 12th largest holder of the asset in the world.