Coinbase CEO Highlights Decade-Long Surge with 49,000% Bitcoin Growth

According to Arkham Intelligence, BlackRock’s crypto holdings reached $104 billion as Bitcoin hit $124,128 and Ethereum neared $4,790, reflecting strong institutional ETF inflows and aggressive ETH accumulation.

Summary

BlackRock’s cryptocurrency portfolio has exceeded $100 billion, with current holdings of 744,240 BTC worth $88.43 billion and 3.2 million ETH worth $14.78 billion, according to Arkham Intelligence. The portfolio peaked at $107 billion when Bitcoin reached a record $124,128 and Ethereum hit $4,775 on August 14, 2025. This represents a 124% rise from its April 7 low of $46 billion, driven by price growth and institutional inflows into US spot Bitcoin and Ethereum ETFs. Bitcoin comprises over 85% of holdings, but Ethereum has surged 309% in value since January, with the number of ETH held increasing by 190%.

Terms & Concepts
  • Bitcoin: A decentralized digital currency, with BlackRock holding over 744,000 BTC as part of its $104 billion crypto portfolio.
  • Ethereum: A blockchain platform for decentralized applications, with BlackRock’s ETH holdings more than doubling in 2025 and rising over 309% in value.
  • Spot ETF: An exchange-traded fund that directly holds the underlying asset, such as Bitcoin or Ethereum, rather than derivatives.