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BlackRock's crypto portfolio jumps $15B in August amid Bitcoin and Ethereum rallies

Market News
27 Aug 2026
Finbold
View Source
Bullish
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BlackRock's cryptocurrency portfolio surged by $15.11 billion in August, rising 28.3% from $53.36 billion to $68.48 billion. This growth was driven by a $12.66 billion increase in its iShares Bitcoin Trust, fueled by a 21.38% rise in Bitcoin prices, and a $2.45 billion gain in its iShares Ethereum Trust ETF, supported by a 27.26% rally in Ethereum. BlackRock also increased its holdings by 4.32% in Bitcoin and 12.52% in Ethereum, signaling strong institutional interest amid bullish market sentiment. This trend highlights renewed confidence in major cryptocurrencies among large investors.

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