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Quick Take Summary is AI generated, newsroom reviewed. BlackRock bought 33,451 ETH, worth over $145 million, to add to its crypto portfolio. This purchase expands BlackRock's significant crypto holdings, which also include a large BTC position. The transaction reinforces BlackRock's commitment to the digital asset sector. The move signals growing institutional confidence and could encourage other investors to follow suit.References JUST IN: BlackRock buys 33,451.58 $ETH worth $145.1 million.
With the injection of new liquidity, three cryptocurrencies could become the biggest winners this month.
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- 20:02GFO-X Group has received in-principle approval from Abu Dhabi Global Market (ADGM)Jinse Finance reported that the crypto derivatives trading platform GFO-X Group has received in-principle approval from Abu Dhabi Global Market (ADGM) to launch a digital asset exchange and clearing house, with plans to officially begin operations in 2026. This approval allows GFO-X to operate as a recognized investment exchange and clearing house.
- 19:01This week, the net outflow from US spot Ethereum ETFs reached $787.6 million.According to Jinse Finance, monitored by FarsideInvestors, this week the US spot Ethereum ETF saw a net outflow of $787.6 million, and this series of ETFs has experienced net outflows for five consecutive trading days.
- 18:33ScamSniffer: Phishing losses reached $12.17 million in August, up 72% month-on-monthJinse Finance reported that ScamSniffer released its August phishing report, with losses of approximately $12.17 million and 15,230 victims in August; compared to July, losses increased by 72% and the number of victims increased by 67%.