BlackRock spot ETFs bought $3.16B of BTC and ETH in eight days
Arkham Intelligence attributes 22,722 BTC and 385,633 ETH to IBIT and ETHA via Coinbase Prime; SoSoValue reports matching cash inflows.
Arkham Intelligence reports that IBIT purchased 22,722 BTC (~$2.2B) and ETHA purchased 385,633 ETH (~$961M) over eight days, with both tranches sourced from Coinbase Prime.
SoSoValue data show IBIT recorded $2.302B cash inflows and ETHA recorded $1.02B cash inflows over the nine days ending 27 August.
At the time of reporting, IBIT holdings reached $62.29B and ETHA holdings reached $8.63B.
Data notes
Exact USD valuations depend on acquisition prices not disclosed by the funds.
No breakdown of daily purchase sizes or timing within the eight-day window is available.
ETHB inflow data covers two months and is not comparable to the eight-day period.