BlackRock Holds $67B Crypto, Vanguard Buys $7B in Bitcoin ETFs, Abraxas Acquires 185,309 ETH as ETH Surges 44%

The DefiantMay 11, 20251 min read

BlackRock Holds $67B Crypto, Vanguard Buys $7B in Bitcoin ETFs, Abraxas Acquires 185,309 ETH as ETH Surges 44%

BlackRock has made substantial cryptocurrency acquisitions, purchasing $356 million worth of Bitcoin in a single day and $1 billion over the past week. The firm now reportedly holds $67 billion in crypto assets. Additionally, BlackRock acquired $17.6 million worth of Ethereum.

Vanguard has disclosed a $7 billion investment in Bitcoin spot exchange-traded funds (ETFs).

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